61008 Home Values & Market Trends

There are 36 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 $216,496.59. The total number of properties sold within the past twelve months is 425. In 61008, 52 properties are in foreclosure, 2 are bank owned properties,and 5 are headed for auction.

61008 Real Estate Market Overview

CityMedian Est. Value
Belvidere

$ 203,450

$ 128/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 $216,496.59. A total of 36 properties are for sale, and the percentage of properties for sale in the zip code is 36.00%. 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 52 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.40% of all residential properties in 61008 with belvidere containing 45 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 5 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 0.04% 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 0.32% of residential properties in 61008 with belvidere containing 36 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 225 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.02% of properties in 61008.

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      Guide for 61008

      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
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      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.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.