60656 Home Values & Market Trends

There are 11 homes currently listed for 60656. 60656 real estate market trends show that home prices range from $155,400 to $539,000, and the median sales price in the 60656 zip code is $323,386.99. The total number of properties sold within the past twelve months is 417. In 60656, 23 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

60656 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 316,923

$ 246/sqft

Housing Market Summary for 60656

Apr 2023March 2024Change
Median Listing Price$299K$288.7K-3.43%
Median Sold Price$148.4K$288.7K94.59%
Homes For Sale1712-29.41%
Homes Sold446252-43.50%
Price
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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 60656

The median list price of a home in Chicago, is $323,386.99. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 60656 properties is 8,962.

Foreclosure
There is 1 cities within 60656; 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 60656 with chicago containing 2987 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.21% of all residential properties in 60656 with chicago containing 2269 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60656; 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 60656 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 0.01% of properties in 60656. There is 1 cities within 60656; chicago containing 257 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 461 auction properties, the highest number of properties going to auction in a single city in the state of 60656. Auction homes and other auction properties account for 0.03% of all properties in 60656. There is 1 cities within 60656; 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 0.12% of residential properties in 60656 with chicago containing 1157 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60656; homes for sale in that cities, have a range of median values from $6,995,000 in chicago to the lowest value of $30,000 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 60656. chicago has 15860 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.82% of properties in 60656.

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      Guide for 60656

      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 60656

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