Leland, IL Home Values & Market Trends

Real estate market trends reflect that there have been 22 transactions over the past year in Leland. The median value for residential home transactions that occurred over the previous year is $198,678.75. The number of current listings in Leland is 0, and the percentage of properties for sale in the city is 0.00%. Leland, IL currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 0 properties for sale.

Leland, IL Real Estate Market Overview

ZipMedian Est. Value
60531

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Housing Market Summary for Leland, IL

Apr 2023March 2024Change
Median Listing Price$264.9K$190.8K-27.96%
Median Sold Price$194K$190.8K-1.63%
Homes For Sale10-100.00%
Homes Sold161812.50%
Price
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Homes For Sale
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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 Leland, IL

Leland home values range from $28,491 to $569,305. The median estimated value of a home in Leland is $198,678.75. The median list price of a home is 0, and the total count of properties in the city is 509.

Foreclosure
There is 1 zips within Leland, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $240,620 in 60531 to the lowest value of $121,336 in 60531. Foreclosure homes account for 0.00% of properties in Leland, IL with 60531 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.20% of all residential properties in Leland, IL with 60531 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Leland, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $240,620 in 60531 to the lowest home value of $240,620 in 60531.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Leland, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Leland, IL. There is 1 zips within Leland, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60531 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Leland, IL. Auction homes and other auction properties account for 0.20% of all properties in Leland, IL. There is 1 zips within Leland, IL; of that zips, the median estimated home value for homes going to auction ranges from $121,336 in 60531 to the lowest value of $121,336 in 60531.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in Leland, IL with 60531 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Leland, IL; homes for sale in that zips, have a range of median values from $0 in 60531 to the lowest value of $0 in 60531.
    Sold Homes
    The median value for recently sold homes ranges from $504,000 in 60531 to the lowest price of $50,090 in 60531. There is 1 zips within Leland, IL. 60531 has 17 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.34% of properties in Leland, IL.

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      Guide for Leland, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      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.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Leland, IL

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