Markham, IL Home Values & Market Trends
Real estate market trends reflect that there have been 274 transactions over the past year in Markham. The median value for residential home transactions that occurred over the previous year is $135,691.41. The number of current listings in Markham is 11, and the percentage of properties for sale in the city is 11.00%. Markham, IL currently has 50 properties in foreclosure, 7 bank owned properties, 9 properties headed for auction, and 11 properties for sale.
Markham, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60428 | $ 96,115 $ 88/sqft |
Housing Market Summary for Markham, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $159K | $151.9K | -4.47% |
| Median Sold Price | $119.3K | $151.9K | 27.38% |
| Homes For Sale | 13 | 7 | -46.15% |
| Homes Sold | 153 | 131 | -14.38% |
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 Markham, IL
Browse Homes in Markham, IL
Markham home values range from $17,942 to $929,734. The median estimated value of a home in Markham is $135,691.41. The median list price of a home is 124,800, and the total count of properties in the city is 4,878.
- Pre-ForeclosurePre-foreclosure homes account for 0.70% of all residential properties in Markham, IL with 60428 containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Markham, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $258,500 in 60428 to the lowest home value of $77,342 in 60428.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Markham, IL ranges from the highest value of $225,397 in 60428 to the lowest value of $49,900 in 60428. Bank owned homes and properties account for 0.14% of properties in Markham, IL. There is 1 zips within Markham, IL; 60428 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60428 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Markham, IL. Auction homes and other auction properties account for 0.18% of all properties in Markham, IL. There is 1 zips within Markham, IL; of that zips, the median estimated home value for homes going to auction ranges from $252,750 in 60428 to the lowest value of $84,130 in 60428.
Compare Nearby Cities
More Real Estate Resources for Markham, IL
Guide for Markham, IL
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
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.
