60531 Home Values & Market Trends
There are 11 homes currently listed for 60531. 60531 real estate market trends show that home prices range from $71,000 to $254,500, and the median sales price in the 60531 zip code is $268,500. The total number of properties sold within the past twelve months is 25. In 60531, 3 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
60531 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Leland | $ 268,500 $ 151/sqft |
Housing Market Summary for 60531
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $269.9K | $200.5K | -25.71% |
| Median Sold Price | $291.7K | $211.2K | -27.58% |
| Homes For Sale | 7 | 12 | 71.43% |
| Homes Sold | 14 | 10 | -28.57% |
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 60531
Browse Homes in 60531
The median list price of a home in Leland, is $268,500. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 60531 properties is 27.
- Pre-ForeclosurePre-foreclosure homes account for 7.41% of all residential properties in 60531 with leland containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60531; of that cities, the estimated home value for pre-foreclosure homes ranges from $289,969 in leland to the lowest home value of $152,801 in leland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60531 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 60531. There is 1 cities within 60531; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsleland has 1 auction properties, the highest number of properties going to auction in a single city in the state of 60531. Auction homes and other auction properties account for 3.70% of all properties in 60531. There is 1 cities within 60531; of that cities, the median estimated home value for homes going to auction ranges from $200,390 in leland to the lowest value of $200,390 in leland.
Compare Nearby Zip Codes
More Real Estate Resources for 60531
Guide for 60531
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.