60501 Home Values & Market Trends
There are 62 homes currently listed for 60501. 60501 real estate market trends show that home prices range from $80,000 to $680,000, and the median sales price in the 60501 zip code is $289,272. The total number of properties sold within the past twelve months is 64. In 60501, 16 properties are in foreclosure, 3 are bank owned properties,and 3 are headed for auction.
Housing Market Summary for 60501
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $310K | $345.9K | 11.58% |
| Median Sold Price | $272.9K | $258.3K | -5.35% |
| Homes For Sale | 46 | 62 | 34.78% |
| Homes Sold | 35 | 27 | -22.86% |
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 60501
Browse Homes in 60501
The median list price of a home in Summit Argo, is $289,272. A total of 62 properties are for sale, and the percentage of properties for sale in the zip code is 62.00%. The total count of 60501 properties is 117.
- Pre-ForeclosurePre-foreclosure homes account for 8.55% of all residential properties in 60501 with summit argo containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60501; of that cities, the estimated home value for pre-foreclosure homes ranges from $360,663 in summit argo to the lowest home value of $199,696 in summit argo.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60501 ranges from the highest value of $276,991 in summit argo to the lowest value of $220,161 in summit argo. Bank owned homes and properties account for 2.56% of properties in 60501. There is 1 cities within 60501; summit argo containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssummit argo has 3 auction properties, the highest number of properties going to auction in a single city in the state of 60501. Auction homes and other auction properties account for 2.56% of all properties in 60501. There is 1 cities within 60501; of that cities, the median estimated home value for homes going to auction ranges from $308,854 in summit argo to the lowest value of $225,231 in summit argo.
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Guide for 60501
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.
