40031 Home Values & Market Trends
There are 346 homes currently listed for 40031. 40031 real estate market trends show that home prices range from $160,000 to $1,250,000, and the median sales price in the 40031 zip code is $405,000. The total number of properties sold within the past twelve months is 355. In 40031, 3 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.
40031 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| La Grange | $ 405,000 $ 226/sqft |
Housing Market Summary for 40031
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $425K | $415K | -2.35% |
| Median Sold Price | $399.8K | $367.3K | -8.12% |
| Homes For Sale | 226 | 338 | 49.56% |
| Homes Sold | 77 | 88 | 14.29% |
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 40031
Browse Homes in 40031
The median list price of a home in La Grange, is $405,000. A total of 346 properties are for sale, and the percentage of properties for sale in the zip code is 346.00%. The total count of 40031 properties is 441.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 40031 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40031; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40031 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 40031. There is 1 cities within 40031; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsla grange has 3 auction properties, the highest number of properties going to auction in a single city in the state of 40031. Auction homes and other auction properties account for 0.68% of all properties in 40031. There is 1 cities within 40031; of that cities, the median estimated home value for homes going to auction ranges from $925,000 in la grange to the lowest value of $175,518 in la grange.
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More Real Estate Resources for 40031
Guide for 40031
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.