60047 Home Values & Market Trends

There are 18 homes currently listed for 60047. 60047 real estate market trends show that home prices range from $250,000 to $999,999, and the median sales price in the 60047 zip code is $579,103.62. The total number of properties sold within the past twelve months is 659. In 60047, 53 properties are in foreclosure, 3 are bank owned properties,and 7 are headed for auction.

Housing Market Summary for 60047

Apr 2023March 2024Change
Median Listing Price$606.5K$542.6K-10.54%
Median Sold Price$559.5K$542.6K-3.03%
Homes For Sale2215-31.82%
Homes Sold441307-30.39%
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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 60047

The median list price of a home in Lake Zurich, is $579,103.62. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 60047 properties is 14,655.

Foreclosure
There is 1 cities within 60047; within this cities, the median estimated home value for homes in foreclosure ranges from $696,570 in lake zurich to the lowest value of $237,618 in lake zurich. Foreclosure homes account for 0.00% of properties in 60047 with lake zurich containing 27 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in 60047 with lake zurich containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60047; of that cities, the estimated home value for pre-foreclosure homes ranges from $696,570 in lake zurich to the lowest home value of $248,722 in lake zurich.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60047 ranges from the highest value of $340,116 in lake zurich to the lowest value of $237,618 in lake zurich. Bank owned homes and properties account for 0.02% of properties in 60047. There is 1 cities within 60047; lake zurich containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lake zurich has 4 auction properties, the highest number of properties going to auction in a single city in the state of 60047. Auction homes and other auction properties account for 0.05% of all properties in 60047. There is 1 cities within 60047; of that cities, the median estimated home value for homes going to auction ranges from $392,526 in lake zurich to the lowest value of $263,544 in lake zurich.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in 60047 with lake zurich containing 7 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60047; homes for sale in that cities, have a range of median values from $849,127 in lake zurich to the lowest value of $250,000 in lake zurich.
    Sold Homes
    The median value for recently sold homes ranges from $1,065,913 in lake zurich to the lowest price of $159,698 in lake zurich. There is 1 cities within 60047. lake zurich has 200 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.70% of properties in 60047.

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      Guide for 60047

      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 60047

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