60160 Home Values & Market Trends
There are 76 homes currently listed for 60160. 60160 real estate market trends show that home prices range from $109,900 to $600,000, and the median sales price in the 60160 zip code is $362,232. The total number of properties sold within the past twelve months is 114. In 60160, 25 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.
Housing Market Summary for 60160
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $317K | $330.4K | 4.23% |
| Median Sold Price | $332.4K | $335.4K | 0.90% |
| Homes For Sale | 70 | 76 | 8.57% |
| Homes Sold | 75 | 56 | -25.33% |
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 60160
Browse Homes in 60160
The median list price of a home in Melrose Park, is $362,232. A total of 76 properties are for sale, and the percentage of properties for sale in the zip code is 76.00%. The total count of 60160 properties is 182.
- Pre-ForeclosurePre-foreclosure homes account for 11.54% of all residential properties in 60160 with melrose park containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60160; of that cities, the estimated home value for pre-foreclosure homes ranges from $499,000 in melrose park to the lowest home value of $204,716 in melrose park.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60160 ranges from the highest value of $427,671 in melrose park to the lowest value of $382,956 in melrose park. Bank owned homes and properties account for 1.10% of properties in 60160. There is 1 cities within 60160; melrose park containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmelrose park has 5 auction properties, the highest number of properties going to auction in a single city in the state of 60160. Auction homes and other auction properties account for 1.10% of all properties in 60160. There is 1 cities within 60160; of that cities, the median estimated home value for homes going to auction ranges from $391,717 in melrose park to the lowest value of $224,769 in melrose park.
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Guide for 60160
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.
