61048 Home Values & Market Trends
There are 39 homes currently listed for 61048. 61048 real estate market trends show that home prices range from $184,900 to $399,000, and the median sales price in the 61048 zip code is $229,000. The total number of properties sold within the past twelve months is 8. In 61048, 4 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
61048 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lena | $ 229,000 $ 128/sqft |
Housing Market Summary for 61048
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $224.9K | $261.5K | 16.27% |
| Median Sold Price | $0 | $171.9K | - |
| Homes For Sale | 22 | 39 | 77.27% |
| Homes Sold | 0 | 4 | - |
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 61048
Browse Homes in 61048
The median list price of a home in Lena, is $229,000. A total of 39 properties are for sale, and the percentage of properties for sale in the zip code is 39.00%. The total count of 61048 properties is 51.
- Pre-ForeclosurePre-foreclosure homes account for 5.88% of all residential properties in 61048 with lena containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61048; of that cities, the estimated home value for pre-foreclosure homes ranges from $160,516 in lena to the lowest home value of $101,918 in lena.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61048 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 61048. There is 1 cities within 61048; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslena has 1 auction properties, the highest number of properties going to auction in a single city in the state of 61048. Auction homes and other auction properties account for 1.96% of all properties in 61048. There is 1 cities within 61048; of that cities, the median estimated home value for homes going to auction ranges from $83,114 in lena to the lowest value of $83,114 in lena.
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Guide for 61048
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.