40118 Home Values & Market Trends
There are 141 homes currently listed for 40118. 40118 real estate market trends show that home prices range from $139,999 to $1,500,000, and the median sales price in the 40118 zip code is $219,170. The total number of properties sold within the past twelve months is 146. In 40118, 8 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
40118 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Fairdale | $ 219,170 $ 199/sqft |
Housing Market Summary for 40118
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $229.9K | $259.9K | 13.05% |
| Median Sold Price | $209.3K | $201.8K | -3.58% |
| Homes For Sale | 83 | 139 | 67.47% |
| Homes Sold | 46 | 34 | -26.09% |
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 40118
Browse Homes in 40118
The median list price of a home in Fairdale, is $219,170. A total of 141 properties are for sale, and the percentage of properties for sale in the zip code is 141.00%. The total count of 40118 properties is 194.
- Pre-ForeclosurePre-foreclosure homes account for 4.12% of all residential properties in 40118 with fairdale containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40118; of that cities, the estimated home value for pre-foreclosure homes ranges from $298,302 in fairdale to the lowest home value of $140,742 in fairdale.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40118 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 40118. There is 1 cities within 40118; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40118. Auction homes and other auction properties account for 0% of all properties in 40118. There is 1 cities within 40118; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 40118
Guide for 40118
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.
