60123 Home Values & Market Trends
There are 12 homes currently listed for 60123. 60123 real estate market trends show that home prices range from $165,000 to $349,900, and the median sales price in the 60123 zip code is $269,320.32. The total number of properties sold within the past twelve months is 526. In 60123, 78 properties are in foreclosure, 1 are bank owned properties,and 7 are headed for auction.
60123 Real Estate Market Overview
City | Median Est. Value |
---|---|
Elgin | $ 284,696 $ 172/sqft |
Housing Market Summary for 60123
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $284.9K | $255.2K | -10.45% |
Median Sold Price | $259.6K | $255.2K | -1.71% |
Homes For Sale | 16 | 10 | -37.50% |
Homes Sold | 365 | 305 | -16.44% |
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 60123
Browse Homes in 60123
The median list price of a home in Elgin, is $269,320.32. A total of 12 properties are for sale, and the percentage of properties for sale in the zip code is 12.00%. The total count of 60123 properties is 12,861.
- Pre-ForeclosurePre-foreclosure homes account for 0.54% of all residential properties in 60123 with elgin containing 163 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60123; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 60123 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 0.01% of properties in 60123. There is 1 cities within 60123; elgin containing 5 REO properties, has the highest number of bank owned properties in a single city.
- Auctionselgin has 18 auction properties, the highest number of properties going to auction in a single city in the state of 60123. Auction homes and other auction properties account for 0.05% of all properties in 60123. There is 1 cities within 60123; 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.
Compare Nearby Zip Codes
More Real Estate Resources for 60123
Guide for 60123
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.