Calumet City, IL Home Values & Market Trends
Real estate market trends reflect that there have been 503 transactions over the past year in Calumet City. The median value for residential home transactions that occurred over the previous year is $151,615.63. The number of current listings in Calumet City is 30, and the percentage of properties for sale in the city is 30.00%. Calumet City, IL currently has 126 properties in foreclosure, 14 bank owned properties, 14 properties headed for auction, and 30 properties for sale.
Calumet City, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60409 | $ 162,207 $ 134/sqft |
Housing Market Summary for Calumet City, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $139K | $133.9K | -3.70% |
| Median Sold Price | $145.1K | $133.9K | -7.72% |
| Homes For Sale | 25 | 24 | -4.00% |
| Homes Sold | 265 | 237 | -10.57% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Calumet City, IL
Browse Homes in Calumet City, IL
Calumet City home values range from $17,066 to $820,960. The median estimated value of a home in Calumet City is $151,615.63. The median list price of a home is 165,000, and the total count of properties in the city is 9,928.
- Pre-ForeclosurePre-foreclosure homes account for 0.99% of all residential properties in Calumet City, IL with 60409 containing 98 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Calumet City, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $309,727 in 60409 to the lowest home value of $44,184 in 60409.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Calumet City, IL ranges from the highest value of $186,743 in 60409 to the lowest value of $33,300 in 60409. Bank owned homes and properties account for 0.14% of properties in Calumet City, IL. There is 1 zips within Calumet City, IL; 60409 containing 14 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60409 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Calumet City, IL. Auction homes and other auction properties account for 0.14% of all properties in Calumet City, IL. There is 1 zips within Calumet City, IL; of that zips, the median estimated home value for homes going to auction ranges from $240,217 in 60409 to the lowest value of $55,166 in 60409.
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