61016 Home Values & Market Trends
There are 2 homes currently listed for 61016. 61016 real estate market trends show that home prices range from $329,900 to $350,000, and the median sales price in the 61016 zip code is $247,996.33. The total number of properties sold within the past twelve months is 83. In 61016, 5 properties are in foreclosure, 2 are bank owned properties,and 3 are headed for auction.
Housing Market Summary for 61016
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $174.9K | $273.5K | 56.37% |
| Median Sold Price | $262K | $273.5K | 4.39% |
| Homes For Sale | 7 | 3 | -57.14% |
| Homes Sold | 36 | 48 | 33.33% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 61016
Browse Homes in 61016
The median list price of a home in Cherry Valley, is $247,996.33. A total of 2 properties are for sale, and the percentage of properties for sale in the zip code is 2.00%. The total count of 61016 properties is 1,810.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 61016 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61016; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61016 ranges from the highest value of $140,861 in cherry valley to the lowest value of $140,400 in cherry valley. Bank owned homes and properties account for 0.11% of properties in 61016. There is 1 cities within 61016; cherry valley containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscherry valley has 3 auction properties, the highest number of properties going to auction in a single city in the state of 61016. Auction homes and other auction properties account for 0.17% of all properties in 61016. There is 1 cities within 61016; of that cities, the median estimated home value for homes going to auction ranges from $174,476 in cherry valley to the lowest value of $130,659 in cherry valley.
Compare Nearby Zip Codes
More Real Estate Resources for 61016
Guide for 61016
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