60438 Home Values & Market Trends

There are 32 homes currently listed for 60438. 60438 real estate market trends show that home prices range from $65,000 to $749,900, and the median sales price in the 60438 zip code is $182,909.84. The total number of properties sold within the past twelve months is 455. In 60438, 121 properties are in foreclosure, 4 are bank owned properties,and 9 are headed for auction.

60438 Real Estate Market Overview

CityMedian Est. Value
Lansing

$ 190,654

$ 135/sqft

Housing Market Summary for 60438

Apr 2023March 2024Change
Median Listing Price$176.9K$175.1K-1.03%
Median Sold Price$187.2K$175.1K-6.47%
Homes For Sale3329-12.12%
Homes Sold276212-23.19%
Price
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Homes For Sale
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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 60438

The median list price of a home in Lansing, is $182,909.84. A total of 32 properties are for sale, and the percentage of properties for sale in the zip code is 32.00%. The total count of 60438 properties is 10,185.

Foreclosure
There is 1 cities within 60438; within this cities, the median estimated home value for homes in foreclosure ranges from $466,159 in lansing to the lowest value of $46,135 in lansing. Foreclosure homes account for 1.00% of properties in 60438 with lansing containing 121 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.06% of all residential properties in 60438 with lansing containing 108 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60438; of that cities, the estimated home value for pre-foreclosure homes ranges from $466,159 in lansing to the lowest home value of $46,135 in lansing.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60438 ranges from the highest value of $270,682 in lansing to the lowest value of $95,000 in lansing. Bank owned homes and properties account for 0.04% of properties in 60438. There is 1 cities within 60438; lansing containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lansing has 9 auction properties, the highest number of properties going to auction in a single city in the state of 60438. Auction homes and other auction properties account for 0.09% of all properties in 60438. There is 1 cities within 60438; of that cities, the median estimated home value for homes going to auction ranges from $287,315 in lansing to the lowest value of $67,974 in lansing.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in 60438 with lansing containing 32 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60438; homes for sale in that cities, have a range of median values from $468,959 in lansing to the lowest value of $65,000 in lansing.
    Sold Homes
    The median value for recently sold homes ranges from $430,404 in lansing to the lowest price of $26,905 in lansing. There is 1 cities within 60438. lansing has 262 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.57% of properties in 60438.

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      Guide for 60438

      Michigan
      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan|posted 23 April 2024

      Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.