60160 Home Values & Market Trends

There are 1 homes currently listed for 60160. 60160 real estate market trends show that home prices range from $314,900 to $314,900, and the median sales price in the 60160 zip code is $281,455.27. The total number of properties sold within the past twelve months is 138. In 60160, 21 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 60160

Apr 2023March 2024Change
Median Listing Price$285K$286K0.36%
Median Sold Price$274.3K$286K4.26%
Homes For Sale32-33.33%
Homes Sold82831.22%
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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 60160

The median list price of a home in Melrose Park, is $281,455.27. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 1.00%. The total count of 60160 properties is 3,713.

Foreclosure
There is 1 cities within 60160; within this cities, the median estimated home value for homes in foreclosure ranges from $369,117 in melrose park to the lowest value of $206,542 in melrose park. Foreclosure homes account for 0.00% of properties in 60160 with melrose park containing 36 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.46% of all residential properties in 60160 with melrose park containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60160; of that cities, the estimated home value for pre-foreclosure homes ranges from $369,117 in melrose park to the lowest home value of $206,542 in melrose park.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60160 ranges from the highest value of $302,733 in melrose park to the lowest value of $260,000 in melrose park. Bank owned homes and properties account for 0.03% of properties in 60160. There is 1 cities within 60160; melrose park containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    melrose park has 5 auction properties, the highest number of properties going to auction in a single city in the state of 60160. Auction homes and other auction properties account for 0.08% of all properties in 60160. There is 1 cities within 60160; of that cities, the median estimated home value for homes going to auction ranges from $327,750 in melrose park to the lowest value of $237,398 in melrose park.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in 60160 with melrose park containing 1 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60160; homes for sale in that cities, have a range of median values from $314,900 in melrose park to the lowest value of $314,900 in melrose park.
    Sold Homes
    The median value for recently sold homes ranges from $499,152 in melrose park to the lowest price of $103,058 in melrose park. There is 1 cities within 60160. melrose park has 128 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.13% of properties in 60160.

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      Guide for 60160

      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.