60541 Home Values & Market Trends

There are 12 homes currently listed for 60541. 60541 real estate market trends show that home prices range from $79,995 to $539,900, and the median sales price in the 60541 zip code is $346,287. The total number of properties sold within the past twelve months is 27. In 60541, 5 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

60541 Real Estate Market Overview

CityMedian Est. Value
Newark

$ 346,287

$ 160/sqft

Housing Market Summary for 60541

Sep 2025September 2026Change
Median Listing Price$380K$339.9K-10.55%
Median Sold Price$420K$414.4K-1.34%
Homes For Sale2113-38.10%
Homes Sold2414-41.67%
Price
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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 60541

The median list price of a home in Newark, is $346,287. A total of 12 properties are for sale, and the percentage of properties for sale in the zip code is 12.00%. The total count of 60541 properties is 36.

Foreclosure
There is 1 cities within 60541; within this cities, the median estimated home value for homes in foreclosure ranges from $507,934 in newark to the lowest value of $210,598 in newark. Foreclosure homes account for 13.00% of properties in 60541 with newark containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 11.11% of all residential properties in 60541 with newark containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60541; of that cities, the estimated home value for pre-foreclosure homes ranges from $507,934 in newark to the lowest home value of $210,598 in newark.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60541 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 60541. There is 1 cities within 60541; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    newark has 1 auction properties, the highest number of properties going to auction in a single city in the state of 60541. Auction homes and other auction properties account for 2.78% of all properties in 60541. There is 1 cities within 60541; of that cities, the median estimated home value for homes going to auction ranges from $350,000 in newark to the lowest value of $350,000 in newark.
Homes for Sale
Homes and properties that are actively listed for sale account for 33.33% of residential properties in 60541 with newark containing 12 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60541; homes for sale in that cities, have a range of median values from $653,987 in newark to the lowest value of $195,618 in newark.
    Sold Homes
    The median value for recently sold homes ranges from $637,192 in newark to the lowest price of $219,275 in newark. There is 1 cities within 60541. newark has 14 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 38.89% of properties in 60541.

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      Guide for 60541

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.