60131 Home Values & Market Trends

There are 4 homes currently listed for 60131. 60131 real estate market trends show that home prices range from $250,000 to $345,000, and the median sales price in the 60131 zip code is $267,738.55. The total number of properties sold within the past twelve months is 190. In 60131, 27 properties are in foreclosure, 5 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 60131

Apr 2023March 2024Change
Median Listing Price$325K$270.7K-16.69%
Median Sold Price$283.1K$270.7K-4.37%
Homes For Sale54-20.00%
Homes Sold1211318.26%
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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 60131

The median list price of a home in Franklin Park, is $267,738.55. A total of 4 properties are for sale, and the percentage of properties for sale in the zip code is 4.00%. The total count of 60131 properties is 5,554.

Foreclosure
There is 1 cities within 60131; within this cities, the median estimated home value for homes in foreclosure ranges from $380,475 in franklin park to the lowest value of $205,619 in franklin park. Foreclosure homes account for 0.00% of properties in 60131 with franklin park containing 27 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.34% of all residential properties in 60131 with franklin park containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60131; of that cities, the estimated home value for pre-foreclosure homes ranges from $327,695 in franklin park to the lowest home value of $213,510 in franklin park.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60131 ranges from the highest value of $297,250 in franklin park to the lowest value of $205,619 in franklin park. Bank owned homes and properties account for 0.09% of properties in 60131. There is 1 cities within 60131; franklin park containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    franklin park has 3 auction properties, the highest number of properties going to auction in a single city in the state of 60131. Auction homes and other auction properties account for 0.05% of all properties in 60131. There is 1 cities within 60131; of that cities, the median estimated home value for homes going to auction ranges from $380,475 in franklin park to the lowest value of $251,080 in franklin park.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in 60131 with franklin park containing 4 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60131; homes for sale in that cities, have a range of median values from $312,840 in franklin park to the lowest value of $216,600 in franklin park.
    Sold Homes
    The median value for recently sold homes ranges from $418,057 in franklin park to the lowest price of $90,893 in franklin park. There is 1 cities within 60131. franklin park has 135 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.43% of properties in 60131.

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      Guide for 60131

      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.