Western Springs, IL Home Values & Market Trends
Real estate market trends reflect that there have been 345 transactions over the past year in Western Springs. The median value for residential home transactions that occurred over the previous year is $664,912.8. The number of current listings in Western Springs is 7, and the percentage of properties for sale in the city is 7.00%. Western Springs, IL currently has 9 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 7 properties for sale.
Western Springs, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60558 | $ 729,584 $ 252/sqft |
Housing Market Summary for Western Springs, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $535K | $538.1K | 0.57% |
Median Sold Price | $625.3K | $538.1K | -13.96% |
Homes For Sale | 5 | 3 | -40.00% |
Homes Sold | 138 | 213 | 54.35% |
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 Western Springs, IL
Browse Homes in Western Springs, IL
Western Springs home values range from $44,851 to $3,599,000. The median estimated value of a home in Western Springs is $664,912.8. The median list price of a home is 1,149,000, and the total count of properties in the city is 4,816.
- Pre-ForeclosurePre-foreclosure homes account for 0.15% of all residential properties in Western Springs, IL with 60558 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Western Springs, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,346,500 in 60558 to the lowest home value of $425,160 in 60558.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Western Springs, 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 Western Springs, IL. There is 1 zips within Western Springs, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60558 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Western Springs, IL. Auction homes and other auction properties account for 0.04% of all properties in Western Springs, IL. There is 1 zips within Western Springs, IL; of that zips, the median estimated home value for homes going to auction ranges from $698,879 in 60558 to the lowest value of $623,328 in 60558.
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