61241 Home Values & Market Trends
There are 69 homes currently listed for 61241. 61241 real estate market trends show that home prices range from $79,000 to $295,000, and the median sales price in the 61241 zip code is $173,479. The total number of properties sold within the past twelve months is 116. In 61241, 3 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
61241 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Colona | $ 173,479 $ 147/sqft |
Housing Market Summary for 61241
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $160.5K | $164.9K | 2.74% |
| Median Sold Price | $172.3K | $190.6K | 10.61% |
| Homes For Sale | 57 | 68 | 19.30% |
| Homes Sold | 47 | 47 | - |
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 61241
Browse Homes in 61241
The median list price of a home in Colona, is $173,479. A total of 69 properties are for sale, and the percentage of properties for sale in the zip code is 69.00%. The total count of 61241 properties is 124.
- Pre-ForeclosurePre-foreclosure homes account for 0.81% of all residential properties in 61241 with colona containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61241; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in colona to the lowest home value of $0 in colona.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61241 ranges from the highest value of $84,900 in colona to the lowest value of $84,900 in colona. Bank owned homes and properties account for 0.81% of properties in 61241. There is 1 cities within 61241; colona containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscolona has 1 auction properties, the highest number of properties going to auction in a single city in the state of 61241. Auction homes and other auction properties account for 0.81% of all properties in 61241. There is 1 cities within 61241; of that cities, the median estimated home value for homes going to auction ranges from $565,318 in colona to the lowest value of $565,318 in colona.
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Guide for 61241
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.