61008 Home Values & Market Trends

There are 38 homes currently listed for 61008. 61008 real estate market trends show that home prices range from $54,900 to $2,000,000, and the median sales price in the 61008 zip code is $216,484.14. The total number of properties sold within the past twelve months is 422. In 61008, 54 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.

61008 Real Estate Market Overview

CityMedian Est. Value
Belvidere

$ 214,250

$ 127/sqft

Housing Market Summary for 61008

Apr 2023March 2024Change
Median Listing Price$255K$235.2K-7.77%
Median Sold Price$183.1K$235.2K28.45%
Homes For Sale4039-2.50%
Homes Sold255252-1.18%
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 61008

The median list price of a home in Belvidere, is $216,484.14. A total of 38 properties are for sale, and the percentage of properties for sale in the zip code is 38.00%. The total count of 61008 properties is 11,133.

Foreclosure
There is 1 cities within 61008; within this cities, the median estimated home value for homes in foreclosure ranges from $457,845 in belvidere to the lowest value of $81,377 in belvidere. Foreclosure homes account for 0.00% of properties in 61008 with belvidere containing 54 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.41% of all residential properties in 61008 with belvidere containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61008; of that cities, the estimated home value for pre-foreclosure homes ranges from $392,521 in belvidere to the lowest home value of $81,377 in belvidere.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61008 ranges from the highest value of $171,632 in belvidere to the lowest value of $171,506 in belvidere. Bank owned homes and properties account for 0.02% of properties in 61008. There is 1 cities within 61008; belvidere containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    belvidere has 6 auction properties, the highest number of properties going to auction in a single city in the state of 61008. Auction homes and other auction properties account for 0.05% of all properties in 61008. There is 1 cities within 61008; of that cities, the median estimated home value for homes going to auction ranges from $457,845 in belvidere to the lowest value of $104,992 in belvidere.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in 61008 with belvidere containing 38 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61008; homes for sale in that cities, have a range of median values from $1,300,000 in belvidere to the lowest value of $85,656 in belvidere.
    Sold Homes
    The median value for recently sold homes ranges from $864,975 in belvidere to the lowest price of $49,941 in belvidere. There is 1 cities within 61008. belvidere has 235 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.11% of properties in 61008.

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      Guide for 61008

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