60031 Home Values & Market Trends

There are 10 homes currently listed for 60031. 60031 real estate market trends show that home prices range from $1,500 to $509,000, and the median sales price in the 60031 zip code is $318,556.2. The total number of properties sold within the past twelve months is 522. In 60031, 48 properties are in foreclosure, 5 are bank owned properties,and 1 are headed for auction.

60031 Real Estate Market Overview

CityMedian Est. Value
Gurnee

$ 312,191

$ 162/sqft

Housing Market Summary for 60031

Mar 2023February 2024Change
Median Listing Price$429K$309K-27.96%
Median Sold Price$311.5K$309K-0.80%
Homes For Sale158-46.67%
Homes Sold394382-3.05%
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 60031

The median list price of a home in Gurnee, is $318,556.2. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 60031 properties is 12,218.

Foreclosure
There is 1 cities within 60031; within this cities, the median estimated home value for homes in foreclosure ranges from $771,783 in gurnee to the lowest value of $153,045 in gurnee. Foreclosure homes account for 0.00% of properties in 60031 with gurnee containing 48 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.34% of all residential properties in 60031 with gurnee containing 42 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60031; of that cities, the estimated home value for pre-foreclosure homes ranges from $771,783 in gurnee to the lowest home value of $189,630 in gurnee.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60031 ranges from the highest value of $516,662 in gurnee to the lowest value of $153,045 in gurnee. Bank owned homes and properties account for 0.04% of properties in 60031. There is 1 cities within 60031; gurnee containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    gurnee has 1 auction properties, the highest number of properties going to auction in a single city in the state of 60031. Auction homes and other auction properties account for 0.01% of all properties in 60031. There is 1 cities within 60031; of that cities, the median estimated home value for homes going to auction ranges from $408,250 in gurnee to the lowest value of $408,250 in gurnee.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in 60031 with gurnee containing 10 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60031; homes for sale in that cities, have a range of median values from $469,433 in gurnee to the lowest value of $178,299 in gurnee.
    Sold Homes
    The median value for recently sold homes ranges from $701,688 in gurnee to the lowest price of $65,651 in gurnee. There is 1 cities within 60031. gurnee has 368 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.01% of properties in 60031.

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      Guide for 60031

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      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.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Recently Listed Homes 60031

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