60538 Home Values & Market Trends

There are 17 homes currently listed for 60538. 60538 real estate market trends show that home prices range from $160,000 to $459,900, and the median sales price in the 60538 zip code is $286,187.51. The total number of properties sold within the past twelve months is 388. In 60538, 76 properties are in foreclosure, 4 are bank owned properties,and 7 are headed for auction.

60538 Real Estate Market Overview

CityMedian Est. Value
Montgomery

$ 276,345

$ 185/sqft

Housing Market Summary for 60538

Apr 2023March 2024Change
Median Listing Price$260K$276.4K6.30%
Median Sold Price$262.3K$276.4K5.37%
Homes For Sale111427.27%
Homes Sold218208-4.59%
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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 60538

The median list price of a home in Montgomery, is $286,187.51. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 60538 properties is 9,113.

Foreclosure
There is 1 cities within 60538; within this cities, the median estimated home value for homes in foreclosure ranges from $495,674 in montgomery to the lowest value of $76,005 in montgomery. Foreclosure homes account for 0.00% of properties in 60538 with montgomery containing 76 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.71% of all residential properties in 60538 with montgomery containing 65 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60538; of that cities, the estimated home value for pre-foreclosure homes ranges from $495,674 in montgomery to the lowest home value of $156,360 in montgomery.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60538 ranges from the highest value of $402,750 in montgomery to the lowest value of $76,005 in montgomery. Bank owned homes and properties account for 0.04% of properties in 60538. There is 1 cities within 60538; montgomery containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    montgomery has 7 auction properties, the highest number of properties going to auction in a single city in the state of 60538. Auction homes and other auction properties account for 0.08% of all properties in 60538. There is 1 cities within 60538; of that cities, the median estimated home value for homes going to auction ranges from $395,763 in montgomery to the lowest value of $187,969 in montgomery.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in 60538 with montgomery containing 17 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60538; homes for sale in that cities, have a range of median values from $402,750 in montgomery to the lowest value of $185,870 in montgomery.
    Sold Homes
    The median value for recently sold homes ranges from $478,563 in montgomery to the lowest price of $65,325 in montgomery. There is 1 cities within 60538. montgomery has 217 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.38% of properties in 60538.

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      Guide for 60538

      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.