61081 Home Values & Market Trends

There are 16 homes currently listed for 61081. 61081 real estate market trends show that home prices range from $39,900 to $429,000, and the median sales price in the 61081 zip code is $124,743.01. The total number of properties sold within the past twelve months is 433. In 61081, 38 properties are in foreclosure, 2 are bank owned properties,and 10 are headed for auction.

61081 Real Estate Market Overview

CityMedian Est. Value
Sterling

$ 140,131

$ 98/sqft

Housing Market Summary for 61081

Apr 2023March 2024Change
Median Listing Price$151K$119.3K-21.02%
Median Sold Price$98,451$119.3K21.14%
Homes For Sale1816-11.11%
Homes Sold199174-12.56%
Price
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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 61081

The median list price of a home in Sterling, is $124,743.01. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 61081 properties is 7,618.

Foreclosure
There is 1 cities within 61081; within this cities, the median estimated home value for homes in foreclosure ranges from $268,832 in sterling to the lowest value of $61,791 in sterling. Foreclosure homes account for 0.00% of properties in 61081 with sterling containing 38 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.34% of all residential properties in 61081 with sterling containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61081; of that cities, the estimated home value for pre-foreclosure homes ranges from $268,832 in sterling to the lowest home value of $61,791 in sterling.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61081 ranges from the highest value of $139,456 in sterling to the lowest value of $90,900 in sterling. Bank owned homes and properties account for 0.03% of properties in 61081. There is 1 cities within 61081; sterling containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    sterling has 10 auction properties, the highest number of properties going to auction in a single city in the state of 61081. Auction homes and other auction properties account for 0.13% of all properties in 61081. There is 1 cities within 61081; of that cities, the median estimated home value for homes going to auction ranges from $146,540 in sterling to the lowest value of $94,405 in sterling.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in 61081 with sterling containing 16 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61081; homes for sale in that cities, have a range of median values from $449,000 in sterling to the lowest value of $39,900 in sterling.
    Sold Homes
    The median value for recently sold homes ranges from $535,288 in sterling to the lowest price of $23,794 in sterling. There is 1 cities within 61081. sterling has 175 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.31% of properties in 61081.

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      Guide for 61081

      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 61081

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