Glen Ellyn, IL Home Values & Market Trends

Real estate market trends reflect that there have been 484 transactions over the past year in Glen Ellyn. The median value for residential home transactions that occurred over the previous year is $502,487.2. The number of current listings in Glen Ellyn is 17, and the percentage of properties for sale in the city is 17.00%. Glen Ellyn, IL currently has 23 properties in foreclosure, 1 bank owned properties, 6 properties headed for auction, and 17 properties for sale.

Glen Ellyn, IL Real Estate Market Overview

ZipMedian Est. Value
60137

$ 426,500

$ 255/sqft

Housing Market Summary for Glen Ellyn, IL

Apr 2023March 2024Change
Median Listing Price$395K$526.7K33.33%
Median Sold Price$466.4K$526.7K12.92%
Homes For Sale147-50.00%
Homes Sold357213-40.34%
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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 Glen Ellyn, IL

Glen Ellyn home values range from $25,007 to $4,332,653. The median estimated value of a home in Glen Ellyn is $502,487.2. The median list price of a home is 509,900, and the total count of properties in the city is 12,334.

Foreclosure
There is 1 zips within Glen Ellyn, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $1,232,760 in 60137 to the lowest value of $149,800 in 60137. Foreclosure homes account for 0.00% of properties in Glen Ellyn, IL with 60137 containing 23 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in Glen Ellyn, IL with 60137 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Glen Ellyn, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $909,000 in 60137 to the lowest home value of $149,800 in 60137.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Glen Ellyn, IL ranges from the highest value of $391,758 in 60137 to the lowest value of $391,758 in 60137. Bank owned homes and properties account for 0.01% of properties in Glen Ellyn, IL. There is 1 zips within Glen Ellyn, IL; 60137 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60137 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Glen Ellyn, IL. Auction homes and other auction properties account for 0.05% of all properties in Glen Ellyn, IL. There is 1 zips within Glen Ellyn, IL; of that zips, the median estimated home value for homes going to auction ranges from $1,232,760 in 60137 to the lowest value of $358,275 in 60137.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Glen Ellyn, IL with 60137 containing 17 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Glen Ellyn, IL; homes for sale in that zips, have a range of median values from $1,333,454 in 60137 to the lowest value of $152,096 in 60137.
    Sold Homes
    The median value for recently sold homes ranges from $2,186,240 in 60137 to the lowest price of $118,094 in 60137. There is 1 zips within Glen Ellyn, IL. 60137 has 331 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.68% of properties in Glen Ellyn, IL.

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      Guide for Glen Ellyn, 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 Glen Ellyn, IL

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