60416 Home Values & Market Trends

There are 3 homes currently listed for 60416. 60416 real estate market trends show that home prices range from $220,000 to $319,500, and the median sales price in the 60416 zip code is $254,472.76. The total number of properties sold within the past twelve months is 133. In 60416, 8 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.

Housing Market Summary for 60416

Apr 2023March 2024Change
Median Listing Price$359K$226K-37.05%
Median Sold Price$232.5K$226K-2.80%
Homes For Sale20-100.00%
Homes Sold6058-3.33%
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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 60416

The median list price of a home in Coal City, is $254,472.76. A total of 3 properties are for sale, and the percentage of properties for sale in the zip code is 3.00%. The total count of 60416 properties is 2,766.

Foreclosure
There is 1 cities within 60416; within this cities, the median estimated home value for homes in foreclosure ranges from $277,587 in coal city to the lowest value of $114,759 in coal city. Foreclosure homes account for 0.00% of properties in 60416 with coal city containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in 60416 with coal city containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60416; of that cities, the estimated home value for pre-foreclosure homes ranges from $203,777 in coal city to the lowest home value of $114,759 in coal city.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60416 ranges from the highest value of $171,326 in coal city to the lowest value of $171,326 in coal city. Bank owned homes and properties account for 0.04% of properties in 60416. There is 1 cities within 60416; coal city containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    coal city has 4 auction properties, the highest number of properties going to auction in a single city in the state of 60416. Auction homes and other auction properties account for 0.18% of all properties in 60416. There is 1 cities within 60416; of that cities, the median estimated home value for homes going to auction ranges from $277,587 in coal city to the lowest value of $210,503 in coal city.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in 60416 with coal city containing 1 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60416; homes for sale in that cities, have a range of median values from $338,330 in coal city to the lowest value of $338,330 in coal city.
    Sold Homes
    The median value for recently sold homes ranges from $494,099 in coal city to the lowest price of $85,000 in coal city. There is 1 cities within 60416. coal city has 40 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.28% of properties in 60416.

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      Guide for 60416

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      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 Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 60416

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