60611 Home Values & Market Trends

There are 79 homes currently listed for 60611. 60611 real estate market trends show that home prices range from $152,995 to $3,735,000, and the median sales price in the 60611 zip code is $321,552.43. The total number of properties sold within the past twelve months is 1,546. In 60611, 26 properties are in foreclosure, 5 are bank owned properties,and 4 are headed for auction.

60611 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 295,000

$ 228/sqft

Housing Market Summary for 60611

Mar 2023February 2024Change
Median Listing Price$499.9K$312.6K-37.46%
Median Sold Price$391.2K$312.6K-20.08%
Homes For Sale8380-3.61%
Homes Sold65189637.63%
Price
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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 60611

The median list price of a home in Chicago, is $321,552.43. A total of 79 properties are for sale, and the percentage of properties for sale in the zip code is 79.00%. The total count of 60611 properties is 22,735.

Foreclosure
There is 1 cities within 60611; within this cities, the median estimated home value for homes in foreclosure ranges from $6,317,055 in chicago to the lowest value of $19,844 in chicago. Foreclosure homes account for 0.00% of properties in 60611 with chicago containing 2938 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in 60611 with chicago containing 2221 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60611; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,993,900 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 60611 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 0.02% of properties in 60611. There is 1 cities within 60611; chicago containing 291 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 426 auction properties, the highest number of properties going to auction in a single city in the state of 60611. Auction homes and other auction properties account for 0.02% of all properties in 60611. There is 1 cities within 60611; 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 0.35% of residential properties in 60611 with chicago containing 1049 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60611; 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 60611. chicago has 15907 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.89% of properties in 60611.

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      Guide for 60611

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      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 Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?