61571 Home Values & Market Trends
There are 32 homes currently listed for 61571. 61571 real estate market trends show that home prices range from $92,500 to $1,100,000, and the median sales price in the 61571 zip code is $250,375. The total number of properties sold within the past twelve months is 391. In 61571, 20 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
61571 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Washington | $ 250,375 $ 106/sqft |
Housing Market Summary for 61571
| Oct 2023 | September 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $211.4K | $304.4K | 43.96% |
| Median Sold Price | $182.8K | $203.3K | 11.18% |
| Homes For Sale | 36 | 30 | -16.67% |
| Homes Sold | 306 | 276 | -9.80% |
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 61571
Browse Homes in 61571
The median list price of a home in Washington, is $250,375. A total of 32 properties are for sale, and the percentage of properties for sale in the zip code is 32.00%. The total count of 61571 properties is 360.
- Pre-ForeclosurePre-foreclosure homes account for 5.00% of all residential properties in 61571 with washington containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61571; of that cities, the estimated home value for pre-foreclosure homes ranges from $420,903 in washington to the lowest home value of $120,209 in washington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61571 ranges from the highest value of $133,750 in washington to the lowest value of $133,750 in washington. Bank owned homes and properties account for 0.28% of properties in 61571. There is 1 cities within 61571; washington containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionswashington has 1 auction properties, the highest number of properties going to auction in a single city in the state of 61571. Auction homes and other auction properties account for 0.28% of all properties in 61571. There is 1 cities within 61571; of that cities, the median estimated home value for homes going to auction ranges from $93,018 in washington to the lowest value of $93,018 in washington.
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Guide for 61571
In August 2024, Chicago saw a significant 19% decrease in pre-foreclosures from July, and a 42% drop year-over-year.
The Washington, DC real estate market shows a rising trend, with property values and cost per square foot consistently increasing.
The Washington DC real estate market from 2023-2024 underwent alternating trends with volatility in average property values and prices per square foot. Yet, an ascending movement in average sold prices and average sold prices per square foot emerged, along with a steady rise in the sales count, indicating a thriving market scenario.
Springfield, IL’s real estate saw a peak value of $163K in Sep 2023 & a fall to $150K in Jan 2024. In Jun 2024, value was $145K. Neighboring cities show variable property values, with Sherman, IL at high end ($437K) and Dawson, IL at the lower end ($184K).