Skokie, IL Home Values & Market Trends

Real estate market trends reflect that there have been 735 transactions over the past year in Skokie. The median value for residential home transactions that occurred over the previous year is $374,403.89. The number of current listings in Skokie is 16, and the percentage of properties for sale in the city is 16.00%. Skokie, IL currently has 41 properties in foreclosure, 2 bank owned properties, 10 properties headed for auction, and 16 properties for sale.

Skokie, IL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
60076

$ 326,507

$ 261/sqft

60077

$ 300,798

$ 257/sqft

Housing Market Summary for Skokie, IL

Apr 2023March 2024Change
Median Listing Price$367.4K$349.9K-4.77%
Median Sold Price$355.5K$349.9K-1.57%
Homes For Sale2215-31.82%
Homes Sold4494643.34%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Skokie, IL

Skokie home values range from $39,206 to $1,993,650. The median estimated value of a home in Skokie is $374,403.89. The median list price of a home is 330,000, and the total count of properties in the city is 20,137.

Foreclosure
There are 2 zips within Skokie, IL; within these zips, the median estimated home value for homes in foreclosure ranges from $877,250 in 60077 to the lowest value of $135,822 in 60077. Foreclosure homes account for 0.00% of properties in Skokie, IL with 60076 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in Skokie, IL with 60076 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Skokie, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $589,750 in 60076 to the lowest home value of $155,991 in 60077.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Skokie, IL ranges from the highest value of $496,750 in 60077 to the lowest value of $289,900 in 60077. Bank owned homes and properties account for 0.01% of properties in Skokie, IL. There are 2 zips within Skokie, IL; 60077 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60077 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Skokie, IL. Auction homes and other auction properties account for 0.05% of all properties in Skokie, IL. There are 2 zips within Skokie, IL; of those zips, the median estimated home value for homes going to auction ranges from $444,835 in 60076 to the lowest value of $135,822 in 60076.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Skokie, IL with 60076 containing 11 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Skokie, IL; homes for sale in those zips, have a range of median values from $469,000 in 60076 to the lowest value of $130,968 in 60077.
    Sold Homes
    The median value for recently sold homes ranges from $996,345 in 60076 to the lowest price of $69,720 in 60076. There are 2 zips within Skokie, IL. 60076 has 255 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.43% of properties in Skokie, IL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Skokie, IL
      $
      $

      Guide for Skokie, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      See More Articles
      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.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes Skokie, IL

      No data to show