60707 Home Values & Market Trends

There are 17 homes currently listed for 60707. 60707 real estate market trends show that home prices range from $84,900 to $750,000, and the median sales price in the 60707 zip code is $320,470.47. The total number of properties sold within the past twelve months is 480. In 60707, 60 properties are in foreclosure, 2 are bank owned properties,and 15 are headed for auction.

60707 Real Estate Market Overview

CityMedian Est. Value
Elmwood Park

$ 373,000

$ 193/sqft

Housing Market Summary for 60707

Apr 2023March 2024Change
Median Listing Price$347K$310K-10.66%
Median Sold Price$323.9K$310K-4.29%
Homes For Sale3120-35.48%
Homes Sold2892952.08%
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 60707

The median list price of a home in Elmwood Park, is $320,470.47. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 60707 properties is 11,431.

Foreclosure
There is 1 cities within 60707; within this cities, the median estimated home value for homes in foreclosure ranges from $516,750 in elmwood park to the lowest value of $95,230 in elmwood park. Foreclosure homes account for 0.00% of properties in 60707 with elmwood park containing 34 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 60707 with elmwood park containing 24 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60707; of that cities, the estimated home value for pre-foreclosure homes ranges from $516,750 in elmwood park to the lowest home value of $95,230 in elmwood park.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60707 ranges from the highest value of $408,414 in elmwood park to the lowest value of $235,000 in elmwood park. Bank owned homes and properties account for 0.02% of properties in 60707. There is 1 cities within 60707; elmwood park containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    elmwood park has 8 auction properties, the highest number of properties going to auction in a single city in the state of 60707. Auction homes and other auction properties account for 0.13% of all properties in 60707. There is 1 cities within 60707; of that cities, the median estimated home value for homes going to auction ranges from $431,480 in elmwood park to the lowest value of $249,181 in elmwood park.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in 60707 with elmwood park containing 15 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60707; homes for sale in that cities, have a range of median values from $597,750 in elmwood park to the lowest value of $99,350 in elmwood park.
    Sold Homes
    The median value for recently sold homes ranges from $664,671 in elmwood park to the lowest price of $56,200 in elmwood park. There is 1 cities within 60707. elmwood park has 204 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.69% of properties in 60707.

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      Guide for 60707

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      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
      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.

      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.

      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.