Elk Grove Village, IL Home Values & Market Trends
Real estate market trends reflect that there have been 500 transactions over the past year in Elk Grove Village. The median value for residential home transactions that occurred over the previous year is $327,513.12. The number of current listings in Elk Grove Village is 5, and the percentage of properties for sale in the city is 5.00%. Elk Grove Village, IL currently has 21 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 5 properties for sale.
Elk Grove Village, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60007 | $ 299,695 $ 186/sqft |
Housing Market Summary for Elk Grove Village, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $334.9K | $330.8K | -1.22% |
Median Sold Price | $340K | $330.8K | -2.70% |
Homes For Sale | 7 | 4 | -42.86% |
Homes Sold | 280 | 330 | 17.86% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elk Grove Village, IL
Browse Homes in Elk Grove Village, IL
Elk Grove Village home values range from $43,214 to $1,567,505. The median estimated value of a home in Elk Grove Village is $327,513.12. The median list price of a home is 334,900, and the total count of properties in the city is 12,119.
- Pre-ForeclosurePre-foreclosure homes account for 0.15% of all residential properties in Elk Grove Village, IL with 60007 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elk Grove Village, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $459,220 in 60007 to the lowest home value of $118,443 in 60007.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elk Grove Village, 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 Elk Grove Village, IL. There is 1 zips within Elk Grove Village, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60007 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Elk Grove Village, IL. Auction homes and other auction properties account for 0.02% of all properties in Elk Grove Village, IL. There is 1 zips within Elk Grove Village, IL; of that zips, the median estimated home value for homes going to auction ranges from $459,194 in 60007 to the lowest value of $215,171 in 60007.
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Guide for Elk Grove Village, IL
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