Cottage Hills, IL Home Values & Market Trends

Real estate market trends reflect that there have been 78 transactions over the past year in Cottage Hills. The median value for residential home transactions that occurred over the previous year is $83,516.6. The number of current listings in Cottage Hills is 3, and the percentage of properties for sale in the city is 3.00%. Cottage Hills, IL currently has 5 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 3 properties for sale.

Cottage Hills, IL Real Estate Market Overview

ZipMedian Est. Value
62018

$ 100,153

$ 93/sqft

Housing Market Summary for Cottage Hills, IL

Apr 2023March 2024Change
Median Listing Price$92,500$63,203-31.67%
Median Sold Price$69,408$63,203-8.94%
Homes For Sale31-66.67%
Homes Sold3828-26.32%
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 Cottage Hills, IL

Cottage Hills home values range from $20,888 to $345,201. The median estimated value of a home in Cottage Hills is $83,516.6. The median list price of a home is 104,900, and the total count of properties in the city is 1,176.

Foreclosure
There is 1 zips within Cottage Hills, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $157,264 in 62018 to the lowest value of $55,500 in 62018. Foreclosure homes account for 0.00% of properties in Cottage Hills, IL with 62018 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.26% of all residential properties in Cottage Hills, IL with 62018 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cottage Hills, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $83,212 in 62018 to the lowest home value of $74,312 in 62018.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cottage Hills, IL ranges from the highest value of $55,500 in 62018 to the lowest value of $55,500 in 62018. Bank owned homes and properties account for 0.09% of properties in Cottage Hills, IL. There is 1 zips within Cottage Hills, IL; 62018 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    62018 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Cottage Hills, IL. Auction homes and other auction properties account for 0.09% of all properties in Cottage Hills, IL. There is 1 zips within Cottage Hills, IL; of that zips, the median estimated home value for homes going to auction ranges from $157,264 in 62018 to the lowest value of $157,264 in 62018.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Cottage Hills, IL with 62018 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Cottage Hills, IL; homes for sale in that zips, have a range of median values from $127,075 in 62018 to the lowest value of $73,232 in 62018.
    Sold Homes
    The median value for recently sold homes ranges from $203,068 in 62018 to the lowest price of $20,888 in 62018. There is 1 zips within Cottage Hills, IL. 62018 has 46 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.91% of properties in Cottage Hills, IL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Cottage Hills, IL
      $
      $

      Guide for Cottage Hills, 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.

      Recently Listed Homes Cottage Hills, IL

      No data to show