Flossmoor, IL Home Values & Market Trends

Real estate market trends reflect that there have been 137 transactions over the past year in Flossmoor. The median value for residential home transactions that occurred over the previous year is $315,891.75. The number of current listings in Flossmoor is 12, and the percentage of properties for sale in the city is 12.00%. Flossmoor, IL currently has 48 properties in foreclosure, 6 bank owned properties, 4 properties headed for auction, and 12 properties for sale.

Flossmoor, IL Real Estate Market Overview

ZipMedian Est. Value
60422

$ 347,677

$ 131/sqft

Housing Market Summary for Flossmoor, IL

Apr 2023March 2024Change
Median Listing Price$280K$285K1.78%
Median Sold Price$319.4K$285K-10.78%
Homes For Sale101220.00%
Homes Sold11577-33.04%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Flossmoor, IL

Flossmoor home values range from $45,846 to $1,997,182. The median estimated value of a home in Flossmoor is $315,891.75. The median list price of a home is 319,900, and the total count of properties in the city is 3,740.

Foreclosure
There is 1 zips within Flossmoor, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $598,082 in 60422 to the lowest value of $50,951 in 60422. Foreclosure homes account for 1.00% of properties in Flossmoor, IL with 60422 containing 49 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.02% of all residential properties in Flossmoor, IL with 60422 containing 39 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Flossmoor, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $557,222 in 60422 to the lowest home value of $50,951 in 60422.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Flossmoor, IL ranges from the highest value of $524,900 in 60422 to the lowest value of $198,499 in 60422. Bank owned homes and properties account for 0.16% of properties in Flossmoor, IL. There is 1 zips within Flossmoor, IL; 60422 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60422 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Flossmoor, IL. Auction homes and other auction properties account for 0.11% of all properties in Flossmoor, IL. There is 1 zips within Flossmoor, IL; of that zips, the median estimated home value for homes going to auction ranges from $598,082 in 60422 to the lowest value of $240,000 in 60422.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Flossmoor, IL with 60422 containing 12 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Flossmoor, IL; homes for sale in that zips, have a range of median values from $450,000 in 60422 to the lowest value of $188,873 in 60422.
    Sold Homes
    The median value for recently sold homes ranges from $632,746 in 60422 to the lowest price of $119,212 in 60422. There is 1 zips within Flossmoor, IL. 60422 has 86 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.30% of properties in Flossmoor, IL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Flossmoor, IL
      $
      $

      Guide for Flossmoor, IL

      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.