60623 Home Values & Market Trends

There are 7 homes currently listed for 60623. 60623 real estate market trends show that home prices range from $89,000 to $230,000, and the median sales price in the 60623 zip code is $179,928.85. The total number of properties sold within the past twelve months is 136. In 60623, 30 properties are in foreclosure, 4 are bank owned properties,and 5 are headed for auction.

60623 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 314,469

$ 249/sqft

Housing Market Summary for 60623

Apr 2023March 2024Change
Median Listing Price$116.8K$156.4K33.93%
Median Sold Price$194.8K$156.4K-19.71%
Homes For Sale5620.00%
Homes Sold8410120.24%
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 60623

The median list price of a home in Chicago, is $179,928.85. A total of 7 properties are for sale, and the percentage of properties for sale in the zip code is 7.00%. The total count of 60623 properties is 4,076.

Foreclosure
There is 1 cities within 60623; 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 0.00% of properties in 60623 with chicago containing 2955 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.52% of all residential properties in 60623 with chicago containing 2237 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60623; 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 60623 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 0.10% of properties in 60623. There is 1 cities within 60623; chicago containing 262 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 456 auction properties, the highest number of properties going to auction in a single city in the state of 60623. Auction homes and other auction properties account for 0.12% of all properties in 60623. There is 1 cities within 60623; 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 0.17% of residential properties in 60623 with chicago containing 1156 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60623; 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 60623. chicago has 15599 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.36% of properties in 60623.

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      Guide for 60623

      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.