60516 Home Values & Market Trends
There are 11 homes currently listed for 60516. 60516 real estate market trends show that home prices range from $169,900 to $499,700, and the median sales price in the 60516 zip code is $435,312.74. The total number of properties sold within the past twelve months is 400. In 60516, 16 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
Housing Market Summary for 60516
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $445K | $396.7K | -10.85% |
| Median Sold Price | $412K | $396.7K | -3.72% |
| Homes For Sale | 8 | 11 | 37.50% |
| Homes Sold | 283 | 198 | -30.04% |
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 60516
Browse Homes in 60516
The median list price of a home in Downers Grove, is $435,312.74. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 60516 properties is 10,491.
- Pre-ForeclosurePre-foreclosure homes account for 0.12% of all residential properties in 60516 with downers grove containing 22 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60516; of that cities, the estimated home value for pre-foreclosure homes ranges from $984,548 in downers grove to the lowest home value of $139,011 in downers grove.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60516 ranges from the highest value of $334,907 in downers grove to the lowest value of $286,595 in downers grove. Bank owned homes and properties account for 0.01% of properties in 60516. There is 1 cities within 60516; downers grove containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsdowners grove has 4 auction properties, the highest number of properties going to auction in a single city in the state of 60516. Auction homes and other auction properties account for 0.02% of all properties in 60516. There is 1 cities within 60516; of that cities, the median estimated home value for homes going to auction ranges from $478,163 in downers grove to the lowest value of $129,746 in downers grove.
Compare Nearby Zip Codes
More Real Estate Resources for 60516
Guide for 60516
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