61529 Home Values & Market Trends
There are 28 homes currently listed for 61529. 61529 real estate market trends show that home prices range from $400,000 to $440,000, and the median sales price in the 61529 zip code is $160,177. The total number of properties sold within the past twelve months is 52. In 61529, 10 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.
61529 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Elmwood | $ 160,177 $ 111/sqft |
Housing Market Summary for 61529
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $420K | $420K | - |
| Median Sold Price | $184.2K | $159.6K | -13.35% |
| Homes For Sale | 18 | 27 | 50.00% |
| Homes Sold | 35 | 22 | -37.14% |
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 61529
Browse Homes in 61529
The median list price of a home in Elmwood, is $160,177. A total of 28 properties are for sale, and the percentage of properties for sale in the zip code is 28.00%. The total count of 61529 properties is 70.
- Pre-ForeclosurePre-foreclosure homes account for 10.00% of all residential properties in 61529 with elmwood containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61529; of that cities, the estimated home value for pre-foreclosure homes ranges from $171,869 in elmwood to the lowest home value of $103,673 in elmwood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61529 ranges from the highest value of $105,442 in elmwood to the lowest value of $44,900 in elmwood. Bank owned homes and properties account for 2.86% of properties in 61529. There is 1 cities within 61529; elmwood containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionselmwood has 1 auction properties, the highest number of properties going to auction in a single city in the state of 61529. Auction homes and other auction properties account for 1.43% of all properties in 61529. There is 1 cities within 61529; of that cities, the median estimated home value for homes going to auction ranges from $199,900 in elmwood to the lowest value of $199,900 in elmwood.
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Guide for 61529
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.