Ludlow, IL Home Values & Market Trends

Real estate market trends reflect that there have been 10 transactions over the past year in Ludlow. The median value for residential home transactions that occurred over the previous year is $99,197. The number of current listings in Ludlow is 1, and the percentage of properties for sale in the city is 1.00%. Ludlow, IL currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Ludlow, IL Real Estate Market Overview

ZipMedian Est. Value
60949

$ 33,193

$ 56/sqft

Housing Market Summary for Ludlow, IL

Apr 2023March 2024Change
Median Listing Price$0$78,896-
Median Sold Price$207.8K$78,896-62.03%
Homes For Sale01-
Homes Sold24100.00%
Price
$/Sqft
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 Ludlow, IL

Ludlow home values range from $23,200 to $554,600. The median estimated value of a home in Ludlow is $99,197. The median list price of a home is 11,900, and the total count of properties in the city is 211.

Foreclosure
There is 1 zips within Ludlow, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $87,321 in 60949 to the lowest value of $87,321 in 60949. Foreclosure homes account for 0.00% of properties in Ludlow, IL with 60949 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.47% of all residential properties in Ludlow, IL with 60949 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ludlow, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $87,321 in 60949 to the lowest home value of $87,321 in 60949.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Ludlow, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Ludlow, IL. There is 1 zips within Ludlow, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Ludlow, IL. Auction homes and other auction properties account for 0% of all properties in Ludlow, IL. There is 1 zips within Ludlow, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Ludlow, IL with 60949 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Ludlow, IL; homes for sale in that zips, have a range of median values from $33,193 in 60949 to the lowest value of $33,193 in 60949.
    Sold Homes
    The median value for recently sold homes ranges from $328,309 in 60949 to the lowest price of $53,320 in 60949. There is 1 zips within Ludlow, IL. 60949 has 8 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.79% of properties in Ludlow, IL.

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      Guide for Ludlow, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      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 home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      Recently Listed Homes Ludlow, IL

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