61238 Home Values & Market Trends

There are 3 homes currently listed for 61238. 61238 real estate market trends show that home prices range from $50,000 to $123,000, and the median sales price in the 61238 zip code is $106,130. The total number of properties sold within the past twelve months is 55. In 61238, 3 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

61238 Real Estate Market Overview

CityMedian Est. Value
Cambridge

$ 95,243

$ 65/sqft

Housing Market Summary for 61238

Apr 2023March 2024Change
Median Listing Price$0$119.5K-
Median Sold Price$113K$119.5K5.79%
Homes For Sale01-
Homes Sold2915-48.28%
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 61238

The median list price of a home in Cambridge, is $106,130. A total of 3 properties are for sale, and the percentage of properties for sale in the zip code is 3.00%. The total count of 61238 properties is 1,005.

Foreclosure
There is 1 cities within 61238; within this cities, the median estimated home value for homes in foreclosure ranges from $81,734 in cambridge to the lowest value of $62,208 in cambridge. Foreclosure homes account for 0.00% of properties in 61238 with cambridge containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.30% of all residential properties in 61238 with cambridge containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61238; of that cities, the estimated home value for pre-foreclosure homes ranges from $81,734 in cambridge to the lowest home value of $62,208 in cambridge.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61238 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 61238. There is 1 cities within 61238; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 61238. Auction homes and other auction properties account for 0% of all properties in 61238. There is 1 cities within 61238; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in 61238 with cambridge containing 3 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61238; homes for sale in that cities, have a range of median values from $198,349 in cambridge to the lowest value of $33,330 in cambridge.
    Sold Homes
    The median value for recently sold homes ranges from $173,320 in cambridge to the lowest price of $35,650 in cambridge. There is 1 cities within 61238. cambridge has 16 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.59% of properties in 61238.

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      Guide for 61238

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      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.

      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?

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.

      Recently Listed Homes 61238

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