60124 Home Values & Market Trends

There are 333 homes currently listed for 60124. 60124 real estate market trends show that home prices range from $200,000 to $1,370,000, and the median sales price in the 60124 zip code is $525,000. The total number of properties sold within the past twelve months is 419. In 60124, 25 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

Housing Market Summary for 60124

Sep 2025September 2026Change
Median Listing Price$500K$537K7.40%
Median Sold Price$487.8K$529.3K8.50%
Homes For Sale22533448.44%
Homes Sold262198-24.43%
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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 60124

The median list price of a home in Elgin, is $525,000. A total of 333 properties are for sale, and the percentage of properties for sale in the zip code is 333.00%. The total count of 60124 properties is 576.

Foreclosure
There is 1 cities within 60124; within this cities, the median estimated home value for homes in foreclosure ranges from $804,767 in elgin to the lowest value of $137,630 in elgin. Foreclosure homes account for 4.00% of properties in 60124 with elgin containing 155 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 4.17% of all residential properties in 60124 with elgin containing 134 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60124; of that cities, the estimated home value for pre-foreclosure homes ranges from $804,767 in elgin to the lowest home value of $137,630 in elgin.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60124 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 60124. There is 1 cities within 60124; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    elgin has 17 auction properties, the highest number of properties going to auction in a single city in the state of 60124. Auction homes and other auction properties account for 0.17% of all properties in 60124. There is 1 cities within 60124; of that cities, the median estimated home value for homes going to auction ranges from $525,703 in elgin to the lowest value of $229,703 in elgin.
Homes for Sale
Homes and properties that are actively listed for sale account for 57.81% of residential properties in 60124 with elgin containing 1032 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60124; homes for sale in that cities, have a range of median values from $1,350,000 in elgin to the lowest value of $54,900 in elgin.
    Sold Homes
    The median value for recently sold homes ranges from $1,066,257 in elgin to the lowest price of $76,146 in elgin. There is 1 cities within 60124. elgin has 544 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 33.51% of properties in 60124.

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      Guide for 60124

      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.