61008 Home Values & Market Trends

There are 41 homes currently listed for 61008. 61008 real estate market trends show that home prices range from $30,000 to $2,000,000, and the median sales price in the 61008 zip code is $214,371.81. The total number of properties sold within the past twelve months is 430. In 61008, 53 properties are in foreclosure, 2 are bank owned properties,and 9 are headed for auction.

61008 Real Estate Market Overview

CityMedian Est. Value
Belvidere

$ 225,964

$ 122/sqft

Housing Market Summary for 61008

Mar 2023February 2024Change
Median Listing Price$169.9K$232.2K36.69%
Median Sold Price$178.4K$232.2K30.16%
Homes For Sale37408.11%
Homes Sold280266-5.00%
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 $214,371.81. A total of 41 properties are for sale, and the percentage of properties for sale in the zip code is 41.00%. 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 $456,383 in belvidere to the lowest value of $81,059 in belvidere. Foreclosure homes account for 0.00% of properties in 61008 with belvidere containing 53 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.38% of all residential properties in 61008 with belvidere containing 42 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 $325,206 in belvidere to the lowest home value of $81,059 in belvidere.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61008 ranges from the highest value of $146,627 in belvidere to the lowest value of $139,900 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 9 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 0.08% 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 $456,383 in belvidere to the lowest value of $104,695 in belvidere.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.37% of residential properties in 61008 with belvidere containing 41 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 $98,095 in belvidere.
    Sold Homes
    The median value for recently sold homes ranges from $967,414 in belvidere to the lowest price of $45,315 in belvidere. There is 1 cities within 61008. belvidere has 272 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.44% 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
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      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.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?