60016 Home Values & Market Trends

There are 487 homes currently listed for 60016. 60016 real estate market trends show that home prices range from $79,900 to $949,900, and the median sales price in the 60016 zip code is $382,883. The total number of properties sold within the past twelve months is 1,023. In 60016, 69 properties are in foreclosure, 4 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 60016

Sep 2025September 2026Change
Median Listing Price$334.9K$340K1.52%
Median Sold Price$306.5K$313.8K2.38%
Homes For Sale34647737.86%
Homes Sold46554617.42%
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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 60016

The median list price of a home in Des Plaines, is $382,883. A total of 487 properties are for sale, and the percentage of properties for sale in the zip code is 487.00%. The total count of 60016 properties is 1,153.

Foreclosure
There is 1 cities within 60016; within this cities, the median estimated home value for homes in foreclosure ranges from $965,122 in des plaines to the lowest value of $144,900 in des plaines. Foreclosure homes account for 5.00% of properties in 60016 with des plaines containing 95 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 5.38% of all residential properties in 60016 with des plaines containing 84 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60016; of that cities, the estimated home value for pre-foreclosure homes ranges from $965,122 in des plaines to the lowest home value of $174,199 in des plaines.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60016 ranges from the highest value of $432,830 in des plaines to the lowest value of $144,900 in des plaines. Bank owned homes and properties account for 0.35% of properties in 60016. There is 1 cities within 60016; des plaines containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    des plaines has 6 auction properties, the highest number of properties going to auction in a single city in the state of 60016. Auction homes and other auction properties account for 0.26% of all properties in 60016. There is 1 cities within 60016; of that cities, the median estimated home value for homes going to auction ranges from $516,654 in des plaines to the lowest value of $197,104 in des plaines.
Homes for Sale
Homes and properties that are actively listed for sale account for 42.24% of residential properties in 60016 with des plaines containing 647 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60016; homes for sale in that cities, have a range of median values from $1,701,000 in des plaines to the lowest value of $101,093 in des plaines.
    Sold Homes
    The median value for recently sold homes ranges from $1,134,940 in des plaines to the lowest price of $26,351 in des plaines. There is 1 cities within 60016. des plaines has 655 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 45.79% of properties in 60016.

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      Guide for 60016

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.