60640 Home Values & Market Trends
There are 165 homes currently listed for 60640. 60640 real estate market trends show that home prices range from $79,900 to $2,299,000, and the median sales price in the 60640 zip code is $432,442. The total number of properties sold within the past twelve months is 924. In 60640, 37 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
60640 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Chicago | $ 322,692 $ 251/sqft |
Housing Market Summary for 60640
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $331.5K | $347K | 4.68% |
| Median Sold Price | $383.3K | $404.5K | 5.52% |
| Homes For Sale | 185 | 205 | 10.81% |
| Homes Sold | 436 | 518 | 18.81% |
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 60640
Browse Homes in 60640
The median list price of a home in Chicago, is $432,442. A total of 165 properties are for sale, and the percentage of properties for sale in the zip code is 165.00%. The total count of 60640 properties is 740.
- Pre-ForeclosurePre-foreclosure homes account for 4.19% of all residential properties in 60640 with chicago containing 2783 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60640; of that cities, the estimated home value for pre-foreclosure homes ranges from $4,403,428 in chicago to the lowest home value of $40,000 in chicago.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60640 ranges from the highest value of $2,899,998 in chicago to the lowest value of $20,000 in chicago. Bank owned homes and properties account for 0.14% of properties in 60640. There is 1 cities within 60640; chicago containing 436 REO properties, has the highest number of bank owned properties in a single city.
- Auctionschicago has 512 auction properties, the highest number of properties going to auction in a single city in the state of 60640. Auction homes and other auction properties account for 0.68% of all properties in 60640. There is 1 cities within 60640; of that cities, the median estimated home value for homes going to auction ranges from $1,856,951 in chicago to the lowest value of $38,030 in chicago.
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Guide for 60640
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.