60551 Home Values & Market Trends
There are 26 homes currently listed for 60551. 60551 real estate market trends show that home prices range from $225,000 to $499,000, and the median sales price in the 60551 zip code is $321,880. The total number of properties sold within the past twelve months is 45. In 60551, 4 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
60551 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Sheridan | $ 321,880 $ 190/sqft |
Housing Market Summary for 60551
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $298.9K | $385.9K | 29.11% |
| Median Sold Price | $302.5K | $304.4K | 0.62% |
| Homes For Sale | 17 | 25 | 47.06% |
| Homes Sold | 14 | 19 | 35.71% |
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 60551
Browse Homes in 60551
The median list price of a home in Sheridan, is $321,880. A total of 26 properties are for sale, and the percentage of properties for sale in the zip code is 26.00%. The total count of 60551 properties is 49.
- Pre-ForeclosurePre-foreclosure homes account for 6.12% of all residential properties in 60551 with sheridan containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60551; of that cities, the estimated home value for pre-foreclosure homes ranges from $397,179 in sheridan to the lowest home value of $272,422 in sheridan.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60551 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 60551. There is 1 cities within 60551; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssheridan has 1 auction properties, the highest number of properties going to auction in a single city in the state of 60551. Auction homes and other auction properties account for 2.04% of all properties in 60551. There is 1 cities within 60551; of that cities, the median estimated home value for homes going to auction ranges from $202,057 in sheridan to the lowest value of $202,057 in sheridan.
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More Real Estate Resources for 60551
Guide for 60551
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.