Calumet City, IL Home Values & Market Trends
Real estate market trends reflect that there have been 417 transactions over the past year in Calumet City. The median value for residential home transactions that occurred over the previous year is $170,465. The number of current listings in Calumet City is 449, and the percentage of properties for sale in the city is 449.00%. Calumet City, IL currently has 236 properties in foreclosure, 27 bank owned properties, 38 properties headed for auction, and 449 properties for sale.
Calumet City, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60409 | $ 170,465 $ 139/sqft |
Housing Market Summary for Calumet City, IL
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $169K | $169.4K | 0.27% |
| Median Sold Price | $165.6K | $159.8K | -3.48% |
| Homes For Sale | 420 | 446 | 6.19% |
| Homes Sold | 155 | 181 | 16.77% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Calumet City, IL
Browse Homes in Calumet City, IL
Calumet City home values range from $24,900 to $410,000. The median estimated value of a home in Calumet City is $170,465. The median list price of a home is 169,000, and the total count of properties in the city is 1,096.
- Pre-ForeclosurePre-foreclosure homes account for 15.60% of all residential properties in Calumet City, IL with 60409 containing 171 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Calumet City, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $328,957 in 60409 to the lowest home value of $47,997 in 60409.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Calumet City, IL ranges from the highest value of $289,900 in 60409 to the lowest value of $47,900 in 60409. Bank owned homes and properties account for 2.46% of properties in Calumet City, IL. There is 1 zips within Calumet City, IL; 60409 containing 27 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60409 has 38 auction properties, the highest number of properties going to auction in a single zip in the state of Calumet City, IL. Auction homes and other auction properties account for 3.47% of all properties in Calumet City, IL. There is 1 zips within Calumet City, IL; of that zips, the median estimated home value for homes going to auction ranges from $214,312 in 60409 to the lowest value of $57,406 in 60409.
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Guide for Calumet City, IL
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
