60120 Home Values & Market Trends

There are 17 homes currently listed for 60120. 60120 real estate market trends show that home prices range from $125,000 to $430,000, and the median sales price in the 60120 zip code is $236,483.43. The total number of properties sold within the past twelve months is 544. In 60120, 77 properties are in foreclosure, 5 are bank owned properties,and 12 are headed for auction.

60120 Real Estate Market Overview

CityMedian Est. Value
Elgin

$ 284,831

$ 169/sqft

Housing Market Summary for 60120

Mar 2023February 2024Change
Median Listing Price$199.9K$244.5K22.33%
Median Sold Price$234.1K$244.5K4.46%
Homes For Sale1513-13.33%
Homes Sold379369-2.64%
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 60120

The median list price of a home in Elgin, is $236,483.43. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 60120 properties is 13,024.

Foreclosure
There is 1 cities within 60120; within this cities, the median estimated home value for homes in foreclosure ranges from $812,090 in elgin to the lowest value of $106,777 in elgin. Foreclosure homes account for 0.00% of properties in 60120 with elgin containing 191 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.46% of all residential properties in 60120 with elgin containing 162 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60120; of that cities, the estimated home value for pre-foreclosure homes ranges from $812,090 in elgin to the lowest home value of $106,777 in elgin.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60120 ranges from the highest value of $384,900 in elgin to the lowest value of $173,938 in elgin. Bank owned homes and properties account for 0.04% of properties in 60120. There is 1 cities within 60120; elgin containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    elgin has 23 auction properties, the highest number of properties going to auction in a single city in the state of 60120. Auction homes and other auction properties account for 0.09% of all properties in 60120. There is 1 cities within 60120; of that cities, the median estimated home value for homes going to auction ranges from $381,308 in elgin to the lowest value of $121,971 in elgin.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in 60120 with elgin containing 36 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60120; homes for sale in that cities, have a range of median values from $700,711 in elgin to the lowest value of $99,196 in elgin.
    Sold Homes
    The median value for recently sold homes ranges from $1,758,215 in elgin to the lowest price of $44,353 in elgin. There is 1 cities within 60120. elgin has 984 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.79% of properties in 60120.

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      Guide for 60120

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      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.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Recently Listed Homes 60120

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