60074 Home Values & Market Trends

There are 14 homes currently listed for 60074. 60074 real estate market trends show that home prices range from $137,500 to $650,000, and the median sales price in the 60074 zip code is $262,821.15. The total number of properties sold within the past twelve months is 506. In 60074, 27 properties are in foreclosure, 0 are bank owned properties,and 6 are headed for auction.

60074 Real Estate Market Overview

CityMedian Est. Value
Palatine

$ 287,500

$ 192/sqft

Housing Market Summary for 60074

Apr 2023March 2024Change
Median Listing Price$189.5K$237K25.05%
Median Sold Price$263.2K$237K-9.95%
Homes For Sale1611-31.25%
Homes Sold341292-14.37%
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 60074

The median list price of a home in Palatine, is $262,821.15. A total of 14 properties are for sale, and the percentage of properties for sale in the zip code is 14.00%. The total count of 60074 properties is 12,200.

Foreclosure
There is 1 cities within 60074; within this cities, the median estimated home value for homes in foreclosure ranges from $760,261 in palatine to the lowest value of $98,446 in palatine. Foreclosure homes account for 0.00% of properties in 60074 with palatine containing 51 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.17% of all residential properties in 60074 with palatine containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60074; of that cities, the estimated home value for pre-foreclosure homes ranges from $760,261 in palatine to the lowest home value of $134,402 in palatine.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60074 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 60074. There is 1 cities within 60074; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    palatine has 15 auction properties, the highest number of properties going to auction in a single city in the state of 60074. Auction homes and other auction properties account for 0.05% of all properties in 60074. There is 1 cities within 60074; of that cities, the median estimated home value for homes going to auction ranges from $685,000 in palatine to the lowest value of $98,446 in palatine.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in 60074 with palatine containing 23 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60074; homes for sale in that cities, have a range of median values from $942,759 in palatine to the lowest value of $113,642 in palatine.
    Sold Homes
    The median value for recently sold homes ranges from $999,999 in palatine to the lowest price of $84,000 in palatine. There is 1 cities within 60074. palatine has 700 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.66% of properties in 60074.

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      Guide for 60074

      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
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      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.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 60074

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