Piper City, IL Home Values & Market Trends

Real estate market trends reflect that there have been 18 transactions over the past year in Piper City. The median value for residential home transactions that occurred over the previous year is $70,417. The number of current listings in Piper City is 1, and the percentage of properties for sale in the city is 1.00%. Piper City, IL currently has 3 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 1 properties for sale.

Piper City, IL Real Estate Market Overview

ZipMedian Est. Value
60959

$ 41,175

$ 34/sqft

Housing Market Summary for Piper City, IL

Apr 2023March 2024Change
Median Listing Price$0$59,200-
Median Sold Price$78,362.5$59,200-24.45%
Homes For Sale00-
Homes Sold87-12.50%
Price
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Homes For Sale
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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 Piper City, IL

Piper City home values range from $20,210 to $414,906. The median estimated value of a home in Piper City is $70,417. The median list price of a home is 29,900, and the total count of properties in the city is 389.

Foreclosure
There is 1 zips within Piper City, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $86,928 in 60959 to the lowest value of $29,900 in 60959. Foreclosure homes account for 0.00% of properties in Piper City, IL with 60959 containing 3 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 Piper City, IL with 60959 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Piper City, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $86,928 in 60959 to the lowest home value of $86,928 in 60959.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Piper City, IL ranges from the highest value of $55,932 in 60959 to the lowest value of $55,932 in 60959. Bank owned homes and properties account for 0.26% of properties in Piper City, IL. There is 1 zips within Piper City, IL; 60959 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60959 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Piper City, IL. Auction homes and other auction properties account for 0.26% of all properties in Piper City, IL. There is 1 zips within Piper City, IL; of that zips, the median estimated home value for homes going to auction ranges from $29,900 in 60959 to the lowest value of $29,900 in 60959.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Piper City, IL with 60959 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Piper City, IL; homes for sale in that zips, have a range of median values from $41,175 in 60959 to the lowest value of $41,175 in 60959.
    Sold Homes
    The median value for recently sold homes ranges from $169,769 in 60959 to the lowest price of $36,391 in 60959. There is 1 zips within Piper City, IL. 60959 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.54% of properties in Piper City, IL.

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      Guide for Piper City, IL

      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
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
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      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.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      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.

      Recently Listed Homes Piper City, IL

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