60016 Home Values & Market Trends

There are 20 homes currently listed for 60016. 60016 real estate market trends show that home prices range from $65,000 to $875,000, and the median sales price in the 60016 zip code is $288,477.52. The total number of properties sold within the past twelve months is 924. In 60016, 66 properties are in foreclosure, 5 are bank owned properties,and 13 are headed for auction.

Housing Market Summary for 60016

Apr 2023March 2024Change
Median Listing Price$203K$263K29.57%
Median Sold Price$271.7K$263K-3.19%
Homes For Sale131730.77%
Homes Sold5325696.95%
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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 60016

The median list price of a home in Des Plaines, is $288,477.52. A total of 20 properties are for sale, and the percentage of properties for sale in the zip code is 20.00%. The total count of 60016 properties is 21,048.

Foreclosure
There is 1 cities within 60016; within this cities, the median estimated home value for homes in foreclosure ranges from $610,374 in des plaines to the lowest value of $82,340 in des plaines. Foreclosure homes account for 0.00% of properties in 60016 with des plaines containing 87 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.23% of all residential properties in 60016 with des plaines containing 67 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60016; of that cities, the estimated home value for pre-foreclosure homes ranges from $610,374 in des plaines to the lowest home value of $129,764 in des plaines.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60016 ranges from the highest value of $448,250 in des plaines to the lowest value of $82,340 in des plaines. Bank owned homes and properties account for 0.02% of properties in 60016. There is 1 cities within 60016; des plaines containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    des plaines has 15 auction properties, the highest number of properties going to auction in a single city in the state of 60016. Auction homes and other auction properties account for 0.06% of all properties in 60016. There is 1 cities within 60016; of that cities, the median estimated home value for homes going to auction ranges from $477,262 in des plaines to the lowest value of $102,100 in des plaines.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in 60016 with des plaines containing 26 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60016; homes for sale in that cities, have a range of median values from $717,152 in des plaines to the lowest value of $82,340 in des plaines.
    Sold Homes
    The median value for recently sold homes ranges from $1,256,948 in des plaines to the lowest price of $80,830 in des plaines. There is 1 cities within 60016. des plaines has 749 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.80% of properties in 60016.

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      Guide for 60016

      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.