60071 Home Values & Market Trends

There are 1 homes currently listed for 60071. 60071 real estate market trends show that home prices range from $285,000 to $285,000, and the median sales price in the 60071 zip code is $302,574.37. The total number of properties sold within the past twelve months is 67. In 60071, 4 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

60071 Real Estate Market Overview

CityMedian Est. Value
Richmond

$ 290,136

$ 103/sqft

Housing Market Summary for 60071

Apr 2023March 2024Change
Median Listing Price$407.5K$291.4K-28.48%
Median Sold Price$236.1K$291.4K23.44%
Homes For Sale20-100.00%
Homes Sold4535-22.22%
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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 60071

The median list price of a home in Richmond, is $302,574.37. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 1.00%. The total count of 60071 properties is 1,334.

Foreclosure
There is 1 cities within 60071; within this cities, the median estimated home value for homes in foreclosure ranges from $486,179 in richmond to the lowest value of $163,368 in richmond. Foreclosure homes account for 0.00% of properties in 60071 with richmond containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.30% of all residential properties in 60071 with richmond containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60071; of that cities, the estimated home value for pre-foreclosure homes ranges from $486,179 in richmond to the lowest home value of $163,368 in richmond.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60071 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 60071. There is 1 cities within 60071; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 60071. Auction homes and other auction properties account for 0% of all properties in 60071. There is 1 cities within 60071; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in 60071 with richmond containing 1 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60071; homes for sale in that cities, have a range of median values from $290,136 in richmond to the lowest value of $290,136 in richmond.
    Sold Homes
    The median value for recently sold homes ranges from $543,455 in richmond to the lowest price of $29,904 in richmond. There is 1 cities within 60071. richmond has 41 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.15% of properties in 60071.

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      Guide for 60071

      Market Reports
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      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
      See More Articles
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports|posted 1 April 2024

      Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.

      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.

      Recently Listed Homes 60071

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