61031 Home Values & Market Trends

There are 1 homes currently listed for 61031. 61031 real estate market trends show that home prices range from $159,900 to $159,900, and the median sales price in the 61031 zip code is $125,428.83. The total number of properties sold within the past twelve months is 18. In 61031, 2 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 61031

Apr 2023March 2024Change
Median Listing Price$0$103.9K-
Median Sold Price$158K$103.9K-34.25%
Homes For Sale01-
Homes Sold1611-31.25%
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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 61031

The median list price of a home in Franklin Grove, is $125,428.83. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 1.00%. The total count of 61031 properties is 466.

Foreclosure
There is 1 cities within 61031; within this cities, the median estimated home value for homes in foreclosure ranges from $203,151 in franklin grove to the lowest value of $146,546 in franklin grove. Foreclosure homes account for 0.00% of properties in 61031 with franklin grove containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.21% of all residential properties in 61031 with franklin grove containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61031; of that cities, the estimated home value for pre-foreclosure homes ranges from $146,546 in franklin grove to the lowest home value of $146,546 in franklin grove.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61031 ranges from the highest value of $203,151 in franklin grove to the lowest value of $203,151 in franklin grove. Bank owned homes and properties account for 0.21% of properties in 61031. There is 1 cities within 61031; franklin grove containing 1 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 61031. Auction homes and other auction properties account for 0% of all properties in 61031. There is 1 cities within 61031; 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 0.21% of residential properties in 61031 with franklin grove containing 1 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61031; homes for sale in that cities, have a range of median values from $53,721 in franklin grove to the lowest value of $53,721 in franklin grove.
    Sold Homes
    The median value for recently sold homes ranges from $752,850 in franklin grove to the lowest price of $55,237 in franklin grove. There is 1 cities within 61031. franklin grove has 10 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.15% of properties in 61031.

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      Guide for 61031

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 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.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes 61031

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