Chicago Heights, IL Home Values & Market Trends
Real estate market trends reflect that there have been 401 transactions over the past year in Chicago Heights. The median value for residential home transactions that occurred over the previous year is $166,919.5. The number of current listings in Chicago Heights is 12, and the percentage of properties for sale in the city is 12.00%. Chicago Heights, IL currently has 73 properties in foreclosure, 11 bank owned properties, 15 properties headed for auction, and 12 properties for sale.
Chicago Heights, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60411 | $ 155,000 $ 127/sqft |
Housing Market Summary for Chicago Heights, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $199.7K | $166.6K | -16.59% |
| Median Sold Price | $154.8K | $166.6K | 7.62% |
| Homes For Sale | 22 | 17 | -22.73% |
| Homes Sold | 220 | 186 | -15.45% |
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 Chicago Heights, IL
Browse Homes in Chicago Heights, IL
Chicago Heights home values range from $17,420 to $1,448,365. The median estimated value of a home in Chicago Heights is $166,919.5. The median list price of a home is 144,900, and the total count of properties in the city is 7,833.
- Pre-ForeclosurePre-foreclosure homes account for 0.60% of all residential properties in Chicago Heights, IL with 60411 containing 120 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Chicago Heights, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $525,029 in 60411 to the lowest home value of $33,026 in 60411.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Chicago Heights, IL ranges from the highest value of $613,738 in 60411 to the lowest value of $57,602 in 60411. Bank owned homes and properties account for 0.14% of properties in Chicago Heights, IL. There is 1 zips within Chicago Heights, IL; 60411 containing 20 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60411 has 27 auction properties, the highest number of properties going to auction in a single zip in the state of Chicago Heights, IL. Auction homes and other auction properties account for 0.19% of all properties in Chicago Heights, IL. There is 1 zips within Chicago Heights, IL; of that zips, the median estimated home value for homes going to auction ranges from $487,750 in 60411 to the lowest value of $67,514 in 60411.
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