Wonder Lake, IL Home Values & Market Trends

Real estate market trends reflect that there have been 224 transactions over the past year in Wonder Lake. The median value for residential home transactions that occurred over the previous year is $224,202.03. The number of current listings in Wonder Lake is 7, and the percentage of properties for sale in the city is 7.00%. Wonder Lake, IL currently has 37 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 7 properties for sale.

Wonder Lake, IL Real Estate Market Overview

ZipMedian Est. Value
60097

$ 252,100

$ 194/sqft

Housing Market Summary for Wonder Lake, IL

Apr 2023March 2024Change
Median Listing Price$219.4K$240.9K9.76%
Median Sold Price$204.1K$240.9K18.01%
Homes For Sale108-20.00%
Homes Sold1251304.00%
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 Wonder Lake, IL

Wonder Lake home values range from $26,623 to $1,501,277. The median estimated value of a home in Wonder Lake is $224,202.03. The median list price of a home is 314,900, and the total count of properties in the city is 4,737.

Foreclosure
There is 1 zips within Wonder Lake, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $404,406 in 60097 to the lowest value of $108,369 in 60097. Foreclosure homes account for 0.00% of properties in Wonder Lake, IL with 60097 containing 37 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.68% of all residential properties in Wonder Lake, IL with 60097 containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Wonder Lake, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $404,406 in 60097 to the lowest home value of $108,369 in 60097.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Wonder Lake, 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 Wonder Lake, IL. There is 1 zips within Wonder Lake, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60097 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Wonder Lake, IL. Auction homes and other auction properties account for 0.11% of all properties in Wonder Lake, IL. There is 1 zips within Wonder Lake, IL; of that zips, the median estimated home value for homes going to auction ranges from $318,937 in 60097 to the lowest value of $227,007 in 60097.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Wonder Lake, IL with 60097 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Wonder Lake, IL; homes for sale in that zips, have a range of median values from $515,000 in 60097 to the lowest value of $99,367 in 60097.
    Sold Homes
    The median value for recently sold homes ranges from $1,233,664 in 60097 to the lowest price of $64,456 in 60097. There is 1 zips within Wonder Lake, IL. 60097 has 135 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.83% of properties in Wonder Lake, IL.

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      Guide for Wonder Lake, IL

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      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      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.

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

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Wonder Lake, IL

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