60461 Home Values & Market Trends

There are 6 homes currently listed for 60461. 60461 real estate market trends show that home prices range from $257,000 to $495,000, and the median sales price in the 60461 zip code is $310,709.11. The total number of properties sold within the past twelve months is 82. In 60461, 39 properties are in foreclosure, 2 are bank owned properties,and 5 are headed for auction.

Housing Market Summary for 60461

Apr 2023March 2024Change
Median Listing Price$299.7K$313.8K4.71%
Median Sold Price$302.7K$313.8K3.66%
Homes For Sale5620.00%
Homes Sold6854-20.59%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 60461

The median list price of a home in Olympia Fields, is $310,709.11. A total of 6 properties are for sale, and the percentage of properties for sale in the zip code is 6.00%. The total count of 60461 properties is 1,828.

Foreclosure
There is 1 cities within 60461; within this cities, the median estimated home value for homes in foreclosure ranges from $921,233 in olympia fields to the lowest value of $197,820 in olympia fields. Foreclosure homes account for 2.00% of properties in 60461 with olympia fields containing 39 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.75% of all residential properties in 60461 with olympia fields containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60461; of that cities, the estimated home value for pre-foreclosure homes ranges from $921,233 in olympia fields to the lowest home value of $197,820 in olympia fields.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60461 ranges from the highest value of $497,000 in olympia fields to the lowest value of $326,754 in olympia fields. Bank owned homes and properties account for 0.11% of properties in 60461. There is 1 cities within 60461; olympia fields containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    olympia fields has 5 auction properties, the highest number of properties going to auction in a single city in the state of 60461. Auction homes and other auction properties account for 0.27% of all properties in 60461. There is 1 cities within 60461; of that cities, the median estimated home value for homes going to auction ranges from $794,334 in olympia fields to the lowest value of $256,090 in olympia fields.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in 60461 with olympia fields containing 6 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60461; homes for sale in that cities, have a range of median values from $553,478 in olympia fields to the lowest value of $257,000 in olympia fields.
    Sold Homes
    The median value for recently sold homes ranges from $504,303 in olympia fields to the lowest price of $156,119 in olympia fields. There is 1 cities within 60461. olympia fields has 56 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.06% of properties in 60461.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      60461
      $
      $

      Guide for 60461

      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.