60056 Home Values & Market Trends

There are 18 homes currently listed for 60056. 60056 real estate market trends show that home prices range from $139,900 to $999,900, and the median sales price in the 60056 zip code is $360,776.3. The total number of properties sold within the past twelve months is 687. In 60056, 27 properties are in foreclosure, 2 are bank owned properties,and 4 are headed for auction.

Housing Market Summary for 60056

Apr 2023March 2024Change
Median Listing Price$474.9K$353.1K-25.64%
Median Sold Price$366K$353.1K-3.52%
Homes For Sale1411-21.43%
Homes Sold500452-9.60%
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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 60056

The median list price of a home in Mount Prospect, is $360,776.3. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 60056 properties is 17,447.

Foreclosure
There is 1 cities within 60056; within this cities, the median estimated home value for homes in foreclosure ranges from $481,250 in mount prospect to the lowest value of $195,191 in mount prospect. Foreclosure homes account for 0.00% of properties in 60056 with mount prospect containing 27 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.12% of all residential properties in 60056 with mount prospect containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60056; of that cities, the estimated home value for pre-foreclosure homes ranges from $481,250 in mount prospect to the lowest home value of $195,191 in mount prospect.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60056 ranges from the highest value of $399,000 in mount prospect to the lowest value of $302,218 in mount prospect. Bank owned homes and properties account for 0.01% of properties in 60056. There is 1 cities within 60056; mount prospect containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    mount prospect has 4 auction properties, the highest number of properties going to auction in a single city in the state of 60056. Auction homes and other auction properties account for 0.02% of all properties in 60056. There is 1 cities within 60056; of that cities, the median estimated home value for homes going to auction ranges from $385,372 in mount prospect to the lowest value of $328,420 in mount prospect.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in 60056 with mount prospect containing 18 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60056; homes for sale in that cities, have a range of median values from $999,900 in mount prospect to the lowest value of $96,030 in mount prospect.
    Sold Homes
    The median value for recently sold homes ranges from $1,050,000 in mount prospect to the lowest price of $92,490 in mount prospect. There is 1 cities within 60056. mount prospect has 479 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.77% of properties in 60056.

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      Guide for 60056

      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.