The 60616 housing market is somewhat competitive. Homes in 60616 receive 2 offers on average and sell in around 89 days. The median sale price of a home in 60616 was $335K last month, down 5.6% since last year. The median sale price per square foot in 60616 is $290, up 2.5% since last year.
In March 2024, 60616 home prices were down 5.6% compared to last year, selling for a median price of $335K. On average, homes in 60616 sell after 89 days on the market compared to 93 days last year. There were 75 homes sold in March this year, down from 91 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$335,000
-5.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
60616, IL
$335,000
-5.6%
United States
To compare other locations to the 60616 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.
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How hot is the 60616 housing market?
60616 is somewhat competitive. Homes sell in 80 days.
0
100
49
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 80 days.
Hot homes
can sell for about 5% above list price and go pending in around 46 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Sheridan Elementary Math & Science Academy
Public • K-8 • Choice school
559
Students
22 reviews
9/10
Haines Elementary School
Public • PreK-8
682
Students
5 reviews
9/10
Healy Elementary School
Public • PreK-8
1410
Students
9 reviews
7/10
Ward J Elementary School
Public • PreK-8
555
Students
6 reviews
6/10
National Teachers Elementary Academy
Public • PreK-8
734
Students
36 reviews
Only showing 5 of
10 elementary schools.
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 60616 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 60616.
Risk Factor
Flood Factor - Moderate
44% of properties are at risk of severe flooding over the next 30 years
Flood Factor
60616 has a moderate risk of flooding. 1,310 properties in 60616 are likely to be
severely affected
by flooding over the next 30 years. This represents 44% of all properties in 60616. Flood risk is increasing slower than the national average.