60642 Home Values & Market Trends

There are 9 homes currently listed for 60642. 60642 real estate market trends show that home prices range from $500,000 to $915,000, and the median sales price in the 60642 zip code is $491,032.95. The total number of properties sold within the past twelve months is 358. In 60642, 11 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

60642 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 314,513

$ 246/sqft

Housing Market Summary for 60642

Apr 2023March 2024Change
Median Listing Price$525K$530.2K1.00%
Median Sold Price$488.4K$530.2K8.58%
Homes For Sale1010-
Homes Sold160153-4.38%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 60642

The median list price of a home in Chicago, is $491,032.95. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 9.00%. The total count of 60642 properties is 4,843.

Foreclosure
There is 1 cities within 60642; within this cities, the median estimated home value for homes in foreclosure ranges from $10,092,979 in chicago to the lowest value of $20,299 in chicago. Foreclosure homes account for 0.00% of properties in 60642 with chicago containing 2995 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in 60642 with chicago containing 2277 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60642; of that cities, the estimated home value for pre-foreclosure homes ranges from $10,092,979 in chicago to the lowest home value of $20,299 in chicago.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60642 ranges from the highest value of $6,735,107 in chicago to the lowest value of $33,259 in chicago. Bank owned homes and properties account for 0.02% of properties in 60642. There is 1 cities within 60642; chicago containing 263 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 455 auction properties, the highest number of properties going to auction in a single city in the state of 60642. Auction homes and other auction properties account for 0.06% of all properties in 60642. There is 1 cities within 60642; of that cities, the median estimated home value for homes going to auction ranges from $2,670,500 in chicago to the lowest value of $34,299 in chicago.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in 60642 with chicago containing 1158 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60642; homes for sale in that cities, have a range of median values from $6,995,000 in chicago to the lowest value of $21,798 in chicago.
    Sold Homes
    The median value for recently sold homes ranges from $25,083,244 in chicago to the lowest price of $19,312 in chicago. There is 1 cities within 60642. chicago has 15837 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.49% of properties in 60642.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      60642
      $
      $

      Guide for 60642

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      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.

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 60642

      No data to show