60638 Home Values & Market Trends

There are 23 homes currently listed for 60638. 60638 real estate market trends show that home prices range from $110,000 to $699,000, and the median sales price in the 60638 zip code is $275,088.47. The total number of properties sold within the past twelve months is 667. In 60638, 74 properties are in foreclosure, 5 are bank owned properties,and 5 are headed for auction.

Housing Market Summary for 60638

Mar 2023February 2024Change
Median Listing Price$305K$271.7K-10.92%
Median Sold Price$295K$271.7K-7.91%
Homes For Sale3723-37.84%
Homes Sold4364431.61%
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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 60638

The median list price of a home in Chicago, is $275,088.47. A total of 23 properties are for sale, and the percentage of properties for sale in the zip code is 23.00%. The total count of 60638 properties is 17,391.

Foreclosure
There is 1 cities within 60638; within this cities, the median estimated home value for homes in foreclosure ranges from $9,886,340 in chicago to the lowest value of $19,844 in chicago. Foreclosure homes account for 0.00% of properties in 60638 with chicago containing 2987 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 60638 with chicago containing 2242 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60638; of that cities, the estimated home value for pre-foreclosure homes ranges from $9,886,340 in chicago to the lowest home value of $19,844 in chicago.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60638 ranges from the highest value of $6,317,055 in chicago to the lowest value of $28,606 in chicago. Bank owned homes and properties account for 0.03% of properties in 60638. There is 1 cities within 60638; chicago containing 298 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 447 auction properties, the highest number of properties going to auction in a single city in the state of 60638. Auction homes and other auction properties account for 0.03% of all properties in 60638. There is 1 cities within 60638; of that cities, the median estimated home value for homes going to auction ranges from $2,656,000 in chicago to the lowest value of $31,187 in chicago.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in 60638 with chicago containing 1052 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60638; homes for sale in that cities, have a range of median values from $6,995,000 in chicago to the lowest value of $28,606 in chicago.
    Sold Homes
    The median value for recently sold homes ranges from $25,935,268 in chicago to the lowest price of $18,748 in chicago. There is 1 cities within 60638. chicago has 15943 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.32% of properties in 60638.

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      Guide for 60638

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
      New York
      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      Investing Strategies
      Saint Louis Real Estate Rebounds: Roller Coaster Trends Mark 2023-2024 Market Outlook
      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.

      How To Identify The Best Cities to Invest In 2024
      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.

      Saint Louis Real Estate Rebounds: Roller Coaster Trends Mark 2023-2024 Market Outlook
      Investing Strategies|posted 27 March 2024

      The Saint Louis real estate market has displayed resilience amidst fluctuations, with average home values rebounding and a consistent upward trend in average sale prices.

      Recently Listed Homes 60638

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