60120 Home Values & Market Trends

There are 16 homes currently listed for 60120. 60120 real estate market trends show that home prices range from $125,000 to $367,000, and the median sales price in the 60120 zip code is $249,453.99. The total number of properties sold within the past twelve months is 514. In 60120, 79 properties are in foreclosure, 4 are bank owned properties,and 10 are headed for auction.

60120 Real Estate Market Overview

CityMedian Est. Value
Elgin

$ 292,703

$ 173/sqft

Housing Market Summary for 60120

Apr 2023March 2024Change
Median Listing Price$209K$249.4K19.34%
Median Sold Price$234.6K$249.4K6.30%
Homes For Sale1716-5.88%
Homes Sold356333-6.46%
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 60120

The median list price of a home in Elgin, is $249,453.99. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 60120 properties is 13,021.

Foreclosure
There is 1 cities within 60120; within this cities, the median estimated home value for homes in foreclosure ranges from $724,327 in elgin to the lowest value of $113,670 in elgin. Foreclosure homes account for 0.00% of properties in 60120 with elgin containing 186 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.50% of all residential properties in 60120 with elgin containing 163 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60120; of that cities, the estimated home value for pre-foreclosure homes ranges from $724,327 in elgin to the lowest home value of $113,670 in elgin.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60120 ranges from the highest value of $374,900 in elgin to the lowest value of $199,385 in elgin. Bank owned homes and properties account for 0.03% of properties in 60120. There is 1 cities within 60120; elgin containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    elgin has 18 auction properties, the highest number of properties going to auction in a single city in the state of 60120. Auction homes and other auction properties account for 0.08% of all properties in 60120. There is 1 cities within 60120; of that cities, the median estimated home value for homes going to auction ranges from $394,145 in elgin to the lowest value of $119,922 in elgin.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in 60120 with elgin containing 39 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60120; homes for sale in that cities, have a range of median values from $619,900 in elgin to the lowest value of $79,482 in elgin.
    Sold Homes
    The median value for recently sold homes ranges from $1,812,718 in elgin to the lowest price of $46,963 in elgin. There is 1 cities within 60120. elgin has 945 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.55% of properties in 60120.

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      Guide for 60120

      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 60120

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