60620 Home Values & Market Trends

There are 40 homes currently listed for 60620. 60620 real estate market trends show that home prices range from $45,000 to $410,000, and the median sales price in the 60620 zip code is $186,533.6. The total number of properties sold within the past twelve months is 704. In 60620, 233 properties are in foreclosure, 24 are bank owned properties,and 30 are headed for auction.

60620 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 305,901

$ 244/sqft

Housing Market Summary for 60620

Apr 2023March 2024Change
Median Listing Price$149.3K$170.4K14.18%
Median Sold Price$186.2K$170.4K-8.50%
Homes For Sale4032-20.00%
Homes Sold362278-23.20%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 60620

The median list price of a home in Chicago, is $186,533.6. A total of 40 properties are for sale, and the percentage of properties for sale in the zip code is 40.00%. The total count of 60620 properties is 13,392.

Foreclosure
There is 1 cities within 60620; within this cities, the median estimated home value for homes in foreclosure ranges from $10,092,979 in chicago to the lowest value of $20,299 in chicago. Foreclosure homes account for 1.00% of properties in 60620 with chicago containing 2987 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.34% of all residential properties in 60620 with chicago containing 2245 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60620; of that cities, the estimated home value for pre-foreclosure homes ranges from $10,092,979 in chicago to the lowest home value of $20,299 in chicago.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60620 ranges from the highest value of $6,735,107 in chicago to the lowest value of $33,259 in chicago. Bank owned homes and properties account for 0.18% of properties in 60620. There is 1 cities within 60620; chicago containing 278 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 464 auction properties, the highest number of properties going to auction in a single city in the state of 60620. Auction homes and other auction properties account for 0.22% of all properties in 60620. There is 1 cities within 60620; of that cities, the median estimated home value for homes going to auction ranges from $2,670,500 in chicago to the lowest value of $33,090 in chicago.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in 60620 with chicago containing 1069 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60620; homes for sale in that cities, have a range of median values from $6,995,000 in chicago to the lowest value of $30,000 in chicago.
    Sold Homes
    The median value for recently sold homes ranges from $25,083,244 in chicago to the lowest price of $19,312 in chicago. There is 1 cities within 60620. chicago has 15729 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.60% of properties in 60620.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      60620
      $
      $

      Guide for 60620

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      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.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?