The 60551 housing market is somewhat competitive. The median sale price of a home in 60551 was $235K last month, down 12.5% since last year. The median sale price per square foot in 60551 is $146, down 7.6% since last year.
In March 2024, 60551 home prices were down 12.5% compared to last year, selling for a median price of $235K. On average, homes in 60551 sell after 76 days on the market compared to 114 days last year. There were 11 homes sold in March this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$235,000
-12.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
60551, IL
$235,000
-12.5%
United States
To compare other locations to the 60551 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Illinois add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 60551 housing market?
60551 is somewhat competitive. Homes sell in 60 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 48 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 60551 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 60551.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
60551 has a moderate risk of flooding. 76 properties in 60551 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 60551. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
60551 has a moderate risk of wildfire. There are 166 properties in 60551 that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in 60551.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
60551 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 60551 is most at risk from hurricanes. 654 properties in 60551 have some risk of being in a severe wind event within the next 30 years.