Sugar Grove, IL Home Values & Market Trends

Real estate market trends reflect that there have been 188 transactions over the past year in Sugar Grove. The median value for residential home transactions that occurred over the previous year is $393,370.02. The number of current listings in Sugar Grove is 8, and the percentage of properties for sale in the city is 8.00%. Sugar Grove, IL currently has 17 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 8 properties for sale.

Sugar Grove, IL Real Estate Market Overview

ZipMedian Est. Value
60554

$ 472,213

$ 150/sqft

Housing Market Summary for Sugar Grove, IL

Apr 2023March 2024Change
Median Listing Price$379.9K$367.4K-3.29%
Median Sold Price$376.9K$367.4K-2.53%
Homes For Sale114-63.64%
Homes Sold14194-33.33%
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 Sugar Grove, IL

Sugar Grove home values range from $46,702 to $1,523,550. The median estimated value of a home in Sugar Grove is $393,370.02. The median list price of a home is 560,350, and the total count of properties in the city is 4,372.

Foreclosure
There is 1 zips within Sugar Grove, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $529,900 in 60554 to the lowest value of $295,678 in 60554. Foreclosure homes account for 0.00% of properties in Sugar Grove, IL with 60554 containing 17 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.32% of all residential properties in Sugar Grove, IL with 60554 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sugar Grove, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $529,900 in 60554 to the lowest home value of $295,678 in 60554.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sugar Grove, IL ranges from the highest value of $407,228 in 60554 to the lowest value of $407,228 in 60554. Bank owned homes and properties account for 0.02% of properties in Sugar Grove, IL. There is 1 zips within Sugar Grove, IL; 60554 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60554 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Sugar Grove, IL. Auction homes and other auction properties account for 0.05% of all properties in Sugar Grove, IL. There is 1 zips within Sugar Grove, IL; of that zips, the median estimated home value for homes going to auction ranges from $463,503 in 60554 to the lowest value of $321,920 in 60554.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.18% of residential properties in Sugar Grove, IL with 60554 containing 8 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Sugar Grove, IL; homes for sale in that zips, have a range of median values from $969,334 in 60554 to the lowest value of $319,663 in 60554.
    Sold Homes
    The median value for recently sold homes ranges from $1,036,517 in 60554 to the lowest price of $192,299 in 60554. There is 1 zips within Sugar Grove, IL. 60554 has 130 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.97% of properties in Sugar Grove, IL.

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      Guide for Sugar Grove, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      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 Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Sugar Grove, IL

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