Hickory Hills, IL Home Values & Market Trends

Real estate market trends reflect that there have been 154 transactions over the past year in Hickory Hills. The median value for residential home transactions that occurred over the previous year is $293,746.03. The number of current listings in Hickory Hills is 6, and the percentage of properties for sale in the city is 6.00%. Hickory Hills, IL currently has 19 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 6 properties for sale.

Hickory Hills, IL Real Estate Market Overview

ZipMedian Est. Value
60457

$ 354,900

$ 185/sqft

Housing Market Summary for Hickory Hills, IL

Apr 2023March 2024Change
Median Listing Price$362.5K$254.9K-29.69%
Median Sold Price$271.2K$254.9K-6.02%
Homes For Sale103-70.00%
Homes Sold8660-30.23%
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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 Hickory Hills, IL

Hickory Hills home values range from $38,265 to $1,770,646. The median estimated value of a home in Hickory Hills is $293,746.03. The median list price of a home is 519,499.5, and the total count of properties in the city is 4,103.

Foreclosure
There is 1 zips within Hickory Hills, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $477,750 in 60457 to the lowest value of $99,128 in 60457. Foreclosure homes account for 0.00% of properties in Hickory Hills, IL with 60457 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.37% of all residential properties in Hickory Hills, IL with 60457 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hickory Hills, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $477,750 in 60457 to the lowest home value of $173,655 in 60457.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hickory Hills, IL ranges from the highest value of $99,128 in 60457 to the lowest value of $99,128 in 60457. Bank owned homes and properties account for 0.02% of properties in Hickory Hills, IL. There is 1 zips within Hickory Hills, IL; 60457 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60457 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Hickory Hills, IL. Auction homes and other auction properties account for 0.07% of all properties in Hickory Hills, IL. There is 1 zips within Hickory Hills, IL; of that zips, the median estimated home value for homes going to auction ranges from $466,250 in 60457 to the lowest value of $307,756 in 60457.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Hickory Hills, IL with 60457 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Hickory Hills, IL; homes for sale in that zips, have a range of median values from $729,999 in 60457 to the lowest value of $200,446 in 60457.
    Sold Homes
    The median value for recently sold homes ranges from $549,900 in 60457 to the lowest price of $85,570 in 60457. There is 1 zips within Hickory Hills, IL. 60457 has 113 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.34% of properties in Hickory Hills, IL.

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      Guide for Hickory Hills, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Madison Real Estate Report: House Values Peak at $447K
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      In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.