60481 Home Values & Market Trends

There are 151 homes currently listed for 60481. 60481 real estate market trends show that home prices range from $33,500 to $710,000, and the median sales price in the 60481 zip code is $251,467. The total number of properties sold within the past twelve months is 193. In 60481, 23 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.

60481 Real Estate Market Overview

CityMedian Est. Value
Wilmington

$ 245,418

$ 221/sqft

Housing Market Summary for 60481

Sep 2025September 2026Change
Median Listing Price$254.9K$222.3K-12.81%
Median Sold Price$256.8K$256.4K-0.13%
Homes For Sale10714737.38%
Homes Sold118107-9.32%
Price
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Homes For Sale
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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 60481

The median list price of a home in Wilmington, is $251,467. A total of 151 properties are for sale, and the percentage of properties for sale in the zip code is 151.00%. The total count of 60481 properties is 303.

Foreclosure
There is 1 cities within 60481; within this cities, the median estimated home value for homes in foreclosure ranges from $581,768 in wilmington to the lowest value of $177,821 in wilmington. Foreclosure homes account for 7.00% of properties in 60481 with wilmington containing 23 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 6.27% of all residential properties in 60481 with wilmington containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60481; of that cities, the estimated home value for pre-foreclosure homes ranges from $581,768 in wilmington to the lowest home value of $177,821 in wilmington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60481 ranges from the highest value of $288,815 in wilmington to the lowest value of $280,000 in wilmington. Bank owned homes and properties account for 0.66% of properties in 60481. There is 1 cities within 60481; wilmington containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    wilmington has 2 auction properties, the highest number of properties going to auction in a single city in the state of 60481. Auction homes and other auction properties account for 0.66% of all properties in 60481. There is 1 cities within 60481; of that cities, the median estimated home value for homes going to auction ranges from $274,792 in wilmington to the lowest value of $204,269 in wilmington.
Homes for Sale
Homes and properties that are actively listed for sale account for 49.83% of residential properties in 60481 with wilmington containing 145 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60481; homes for sale in that cities, have a range of median values from $625,000 in wilmington to the lowest value of $37,638 in wilmington.
    Sold Homes
    The median value for recently sold homes ranges from $655,031 in wilmington to the lowest price of $42,980 in wilmington. There is 1 cities within 60481. wilmington has 102 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 34.98% of properties in 60481.

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      Guide for 60481

      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.