60406 Home Values & Market Trends

There are 122 homes currently listed for 60406. 60406 real estate market trends show that home prices range from $20,900 to $350,000, and the median sales price in the 60406 zip code is $220,293. The total number of properties sold within the past twelve months is 148. In 60406, 66 properties are in foreclosure, 6 are bank owned properties,and 6 are headed for auction.

Housing Market Summary for 60406

Oct 2025October 2026Change
Median Listing Price$180K$192.5K6.94%
Median Sold Price$224.2K$187K-16.60%
Homes For Sale9512228.42%
Homes Sold8484-
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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 60406

The median list price of a home in Blue Island, is $220,293. A total of 122 properties are for sale, and the percentage of properties for sale in the zip code is 122.00%. The total count of 60406 properties is 338.

Foreclosure
There is 1 cities within 60406; within this cities, the median estimated home value for homes in foreclosure ranges from $343,963 in blue island to the lowest value of $75,325 in blue island. Foreclosure homes account for 19.00% of properties in 60406 with blue island containing 66 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 15.98% of all residential properties in 60406 with blue island containing 54 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60406; of that cities, the estimated home value for pre-foreclosure homes ranges from $343,963 in blue island to the lowest home value of $82,139 in blue island.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60406 ranges from the highest value of $236,847 in blue island to the lowest value of $75,325 in blue island. Bank owned homes and properties account for 1.78% of properties in 60406. There is 1 cities within 60406; blue island containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    blue island has 6 auction properties, the highest number of properties going to auction in a single city in the state of 60406. Auction homes and other auction properties account for 1.78% of all properties in 60406. There is 1 cities within 60406; of that cities, the median estimated home value for homes going to auction ranges from $244,000 in blue island to the lowest value of $161,718 in blue island.
Homes for Sale
Homes and properties that are actively listed for sale account for 36.09% of residential properties in 60406 with blue island containing 122 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60406; homes for sale in that cities, have a range of median values from $363,558 in blue island to the lowest value of $29,556 in blue island.
    Sold Homes
    The median value for recently sold homes ranges from $321,126 in blue island to the lowest price of $65,000 in blue island. There is 1 cities within 60406. blue island has 84 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.85% of properties in 60406.

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      Guide for 60406

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.