Sandwich, IL Home Values & Market Trends

Real estate market trends reflect that there have been 163 transactions over the past year in Sandwich. The median value for residential home transactions that occurred over the previous year is $277,511.37. The number of current listings in Sandwich is 3, and the percentage of properties for sale in the city is 3.00%. Sandwich, IL currently has 20 properties in foreclosure, 3 bank owned properties, 5 properties headed for auction, and 3 properties for sale.

Sandwich, IL Real Estate Market Overview

ZipMedian Est. Value
60548

$ 599,900

$ 227/sqft

Housing Market Summary for Sandwich, IL

Mar 2023February 2024Change
Median Listing Price$187.4K$279.8K49.31%
Median Sold Price$261K$279.8K7.21%
Homes For Sale17600.00%
Homes Sold1141183.51%
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 Sandwich, IL

Sandwich home values range from $23,785 to $1,677,584. The median estimated value of a home in Sandwich is $277,511.37. The median list price of a home is 599,000, and the total count of properties in the city is 3,615.

Foreclosure
There is 1 zips within Sandwich, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $669,041 in 60548 to the lowest value of $177,643 in 60548. Foreclosure homes account for 0.00% of properties in Sandwich, IL with 60548 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.33% of all residential properties in Sandwich, IL with 60548 containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sandwich, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $669,041 in 60548 to the lowest home value of $177,643 in 60548.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sandwich, IL ranges from the highest value of $347,098 in 60548 to the lowest value of $263,654 in 60548. Bank owned homes and properties account for 0.08% of properties in Sandwich, IL. There is 1 zips within Sandwich, IL; 60548 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60548 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Sandwich, IL. Auction homes and other auction properties account for 0.14% of all properties in Sandwich, IL. There is 1 zips within Sandwich, IL; of that zips, the median estimated home value for homes going to auction ranges from $291,123 in 60548 to the lowest value of $221,320 in 60548.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Sandwich, IL with 60548 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Sandwich, IL; homes for sale in that zips, have a range of median values from $629,000 in 60548 to the lowest value of $237,867 in 60548.
    Sold Homes
    The median value for recently sold homes ranges from $820,194 in 60548 to the lowest price of $42,369 in 60548. There is 1 zips within Sandwich, IL. 60548 has 104 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.88% of properties in Sandwich, IL.

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      Guide for Sandwich, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      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.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      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.

      Recently Listed Homes Sandwich, IL

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