61241 Home Values & Market Trends

There are 7 homes currently listed for 61241. 61241 real estate market trends show that home prices range from $59,900 to $279,000, and the median sales price in the 61241 zip code is $159,644.62. The total number of properties sold within the past twelve months is 101. In 61241, 9 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

61241 Real Estate Market Overview

CityMedian Est. Value
Colona

$ 191,457

$ 113/sqft

Housing Market Summary for 61241

Apr 2023March 2024Change
Median Listing Price$149.9K$149.9K0.03%
Median Sold Price$151.5K$149.9K-1.01%
Homes For Sale5620.00%
Homes Sold6555-15.38%
Price
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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 61241

The median list price of a home in Colona, is $159,644.62. A total of 7 properties are for sale, and the percentage of properties for sale in the zip code is 7.00%. The total count of 61241 properties is 2,636.

Foreclosure
There is 1 cities within 61241; within this cities, the median estimated home value for homes in foreclosure ranges from $242,140 in colona to the lowest value of $55,197 in colona. Foreclosure homes account for 0.00% of properties in 61241 with colona containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.30% of all residential properties in 61241 with colona containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61241; of that cities, the estimated home value for pre-foreclosure homes ranges from $242,140 in colona to the lowest home value of $60,562 in colona.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61241 ranges from the highest value of $55,197 in colona to the lowest value of $55,197 in colona. Bank owned homes and properties account for 0.04% of properties in 61241. There is 1 cities within 61241; colona containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 61241. Auction homes and other auction properties account for 0% of all properties in 61241. There is 1 cities within 61241; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in 61241 with colona containing 7 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61241; homes for sale in that cities, have a range of median values from $251,693 in colona to the lowest value of $33,906 in colona.
    Sold Homes
    The median value for recently sold homes ranges from $317,312 in colona to the lowest price of $32,390 in colona. There is 1 cities within 61241. colona has 55 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.09% of properties in 61241.

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      Guide for 61241

      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 61241

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