60481 Home Values & Market Trends

There are 5 homes currently listed for 60481. 60481 real estate market trends show that home prices range from $95,000 to $450,000, and the median sales price in the 60481 zip code is $220,401.91. The total number of properties sold within the past twelve months is 208. In 60481, 22 properties are in foreclosure, 3 are bank owned properties,and 5 are headed for auction.

60481 Real Estate Market Overview

CityMedian Est. Value
Wilmington

$ 223,683

$ 100/sqft

Housing Market Summary for 60481

Apr 2023March 2024Change
Median Listing Price$222K$204.1K-8.05%
Median Sold Price$187K$204.1K9.19%
Homes For Sale33-
Homes Sold9612530.21%
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 60481

The median list price of a home in Wilmington, is $220,401.91. A total of 5 properties are for sale, and the percentage of properties for sale in the zip code is 5.00%. The total count of 60481 properties is 3,812.

Foreclosure
There is 1 cities within 60481; within this cities, the median estimated home value for homes in foreclosure ranges from $354,099 in wilmington to the lowest value of $127,839 in wilmington. Foreclosure homes account for 0.00% of properties in 60481 with wilmington containing 20 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.37% of all residential properties in 60481 with wilmington containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60481; of that cities, the estimated home value for pre-foreclosure homes ranges from $354,099 in wilmington to the lowest home value of $127,839 in wilmington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60481 ranges from the highest value of $207,459 in wilmington to the lowest value of $139,900 in wilmington. Bank owned homes and properties account for 0.08% of properties in 60481. There is 1 cities within 60481; wilmington containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    wilmington has 4 auction properties, the highest number of properties going to auction in a single city in the state of 60481. Auction homes and other auction properties account for 0.13% of all properties in 60481. There is 1 cities within 60481; of that cities, the median estimated home value for homes going to auction ranges from $255,421 in wilmington to the lowest value of $134,427 in wilmington.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in 60481 with wilmington containing 5 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60481; homes for sale in that cities, have a range of median values from $258,012 in wilmington to the lowest value of $139,408 in wilmington.
    Sold Homes
    The median value for recently sold homes ranges from $1,384,488 in wilmington to the lowest price of $23,798 in wilmington. There is 1 cities within 60481. wilmington has 120 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.52% of properties in 60481.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      60481
      $
      $

      Guide for 60481

      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 60481

      No data to show