60406 Home Values & Market Trends

There are 3 homes currently listed for 60406. 60406 real estate market trends show that home prices range from $110,000 to $299,800, and the median sales price in the 60406 zip code is $183,807.8. The total number of properties sold within the past twelve months is 187. In 60406, 44 properties are in foreclosure, 6 are bank owned properties,and 7 are headed for auction.

Housing Market Summary for 60406

Apr 2023March 2024Change
Median Listing Price$97,750$176.5K80.61%
Median Sold Price$195.2K$176.5K-9.57%
Homes For Sale43-25.00%
Homes Sold10011616.00%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 60406

The median list price of a home in Blue Island, is $183,807.8. A total of 3 properties are for sale, and the percentage of properties for sale in the zip code is 3.00%. The total count of 60406 properties is 4,823.

Foreclosure
There is 1 cities within 60406; within this cities, the median estimated home value for homes in foreclosure ranges from $350,447 in blue island to the lowest value of $55,622 in blue island. Foreclosure homes account for 0.00% of properties in 60406 with blue island containing 44 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.64% of all residential properties in 60406 with blue island containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60406; of that cities, the estimated home value for pre-foreclosure homes ranges from $350,447 in blue island to the lowest home value of $55,622 in blue island.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60406 ranges from the highest value of $309,000 in blue island to the lowest value of $144,900 in blue island. Bank owned homes and properties account for 0.12% of properties in 60406. There is 1 cities within 60406; blue island containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    blue island has 7 auction properties, the highest number of properties going to auction in a single city in the state of 60406. Auction homes and other auction properties account for 0.15% of all properties in 60406. There is 1 cities within 60406; of that cities, the median estimated home value for homes going to auction ranges from $274,625 in blue island to the lowest value of $83,775 in blue island.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.06% of residential properties in 60406 with blue island containing 3 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60406; homes for sale in that cities, have a range of median values from $299,800 in blue island to the lowest value of $134,724 in blue island.
    Sold Homes
    The median value for recently sold homes ranges from $382,288 in blue island to the lowest price of $23,360 in blue island. There is 1 cities within 60406. blue island has 131 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.72% of properties in 60406.

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      Guide for 60406

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 60406

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