60421 Home Values & Market Trends

There are 41 homes currently listed for 60421. 60421 real estate market trends show that home prices range from $38,500 to $6,585,000, and the median sales price in the 60421 zip code is $299,415. The total number of properties sold within the past twelve months is 45. In 60421, 8 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

60421 Real Estate Market Overview

CityMedian Est. Value
Elwood

$ 299,415

$ 193/sqft

Housing Market Summary for 60421

Sep 2025September 2026Change
Median Listing Price$372.9K$282.4K-24.26%
Median Sold Price$312.1K$298.7K-4.32%
Homes For Sale4439-11.36%
Homes Sold3720-45.95%
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 60421

The median list price of a home in Elwood, is $299,415. A total of 41 properties are for sale, and the percentage of properties for sale in the zip code is 41.00%. The total count of 60421 properties is 76.

Foreclosure
There is 1 cities within 60421; within this cities, the median estimated home value for homes in foreclosure ranges from $336,000 in elwood to the lowest value of $208,803 in elwood. Foreclosure homes account for 10.00% of properties in 60421 with elwood containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 9.21% of all residential properties in 60421 with elwood containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60421; of that cities, the estimated home value for pre-foreclosure homes ranges from $336,000 in elwood to the lowest home value of $208,803 in elwood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60421 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 60421. There is 1 cities within 60421; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    elwood has 1 auction properties, the highest number of properties going to auction in a single city in the state of 60421. Auction homes and other auction properties account for 1.32% of all properties in 60421. There is 1 cities within 60421; of that cities, the median estimated home value for homes going to auction ranges from $258,094 in elwood to the lowest value of $258,094 in elwood.
Homes for Sale
Homes and properties that are actively listed for sale account for 53.95% of residential properties in 60421 with elwood containing 41 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60421; homes for sale in that cities, have a range of median values from $585,929 in elwood to the lowest value of $168,008 in elwood.
    Sold Homes
    The median value for recently sold homes ranges from $507,561 in elwood to the lowest price of $225,685 in elwood. There is 1 cities within 60421. elwood has 19 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 25.00% of properties in 60421.

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      Guide for 60421

      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.