Steger, IL Home Values & Market Trends

Real estate market trends reflect that there have been 180 transactions over the past year in Steger. The median value for residential home transactions that occurred over the previous year is $144,381.11. The number of current listings in Steger is 7, and the percentage of properties for sale in the city is 7.00%. Steger, IL currently has 44 properties in foreclosure, 5 bank owned properties, 10 properties headed for auction, and 7 properties for sale.

Steger, IL Real Estate Market Overview

ZipMedian Est. Value
60475

$ 164,823

$ 91/sqft

Housing Market Summary for Steger, IL

Mar 2023February 2024Change
Median Listing Price$164.7K$150.6K-8.59%
Median Sold Price$138.3K$150.6K8.88%
Homes For Sale5620.00%
Homes Sold10096-4.00%
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 Steger, IL

Steger home values range from $20,820 to $1,159,592. The median estimated value of a home in Steger is $144,381.11. The median list price of a home is 189,900, and the total count of properties in the city is 3,399.

Foreclosure
There is 1 zips within Steger, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $423,096 in 60475 to the lowest value of $47,400 in 60475. Foreclosure homes account for 1.00% of properties in Steger, IL with 60475 containing 44 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.85% of all residential properties in Steger, IL with 60475 containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Steger, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $423,096 in 60475 to the lowest home value of $75,534 in 60475.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Steger, IL ranges from the highest value of $225,600 in 60475 to the lowest value of $47,400 in 60475. Bank owned homes and properties account for 0.15% of properties in Steger, IL. There is 1 zips within Steger, IL; 60475 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60475 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Steger, IL. Auction homes and other auction properties account for 0.29% of all properties in Steger, IL. There is 1 zips within Steger, IL; of that zips, the median estimated home value for homes going to auction ranges from $421,982 in 60475 to the lowest value of $77,321 in 60475.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Steger, IL with 60475 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Steger, IL; homes for sale in that zips, have a range of median values from $615,000 in 60475 to the lowest value of $32,648 in 60475.
    Sold Homes
    The median value for recently sold homes ranges from $347,188 in 60475 to the lowest price of $51,106 in 60475. There is 1 zips within Steger, IL. 60475 has 89 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.62% of properties in Steger, IL.

      Compare Nearby Cities

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

      Guide for Steger, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      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.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Steger, IL

      No data to show