Chicago, IL 60647 Real Estate & Property Data

Chicago, IL 60647 Real Estate Market Trends
Last Updated: February 07, 2023

A total of 1,031 residential properties have been sold over the past 12 months in 60647. With a median sales price of $599,000 in 60647 and a total of 3 foreclosures in Chicago, IL 60647. Discover market trends and get the granular level real estate data for Chicago, IL 60647 to keep your pulse on the housing market. Curate compelling home reports for Chicago, IL 60647 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Chicago, IL 60647 Real Estate Market Trends
Total Residential Properties 11,883
Total Commercial Properties 2,550
Avg. Home Age (Single Family Home) 60 Years
Avg. Square Feet (Single Family Home) 1,694
Total 2023 Residential Sales (year-to-date) N/A
% of Homes Seriously Underwater (Q1 2023) 3.1%
Total 2022 Residential Sales 933
% of Equity Rich Homes (Q1 2023) 23.5%
Effective 2022 Property Tax 1.39%
Total Foreclosure Filings (year-to-date) N/A
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Chicago, IL 60647 Real Estate Overview

There were 1,031 residential properties sold in the past year in Chicago, IL 60647. The median home value in Chicago, IL 60647 is $465,573. There are a total of 11,883 residential properties in the Chicago, IL 60647.

Median Sales Price i
$599,000
(Nov 2022)
-15%
year-over-year
y-o-y
  • November '22 Nov '22 $599,000
  • October '22 Oct '22 $845,500
  • September '22 Sep '22 $847,000
  • August '22 Aug '22 $842,500
  • July '22 Jul '22 $705,000
  • June '22 Jun '22 $875,000
  • May '22 May '22 $835,000
  • April '22 Apr '22 $925,500
  • March '22 Mar '22 $875,000
  • February '22 Feb '22 $760,000
  • January '22 Jan '22 $747,750
  • December '21 Dec '21 $875,000
Median Down Payment i
$105,750
(Nov 2022)
+19.8%
year-over-year
y-o-y
  • November '22 Nov '22 $105,750
  • October '22 Oct '22 $155,000
  • September '22 Sep '22 $162,500
  • August '22 Aug '22 $150,000
  • July '22 Jul '22 $143,000
  • June '22 Jun '22 $156,000
  • May '22 May '22 $153,000
  • April '22 Apr '22 $175,000
  • March '22 Mar '22 $175,000
  • February '22 Feb '22 $142,500
  • January '22 Jan '22 $122,000
  • December '21 Dec '21 $182,575
Number of Homes Sold i
35
(Nov 2022)
-60.7%
year-over-year
y-o-y
  • November '22 Nov '22 35
  • October '22 Oct '22 60
  • September '22 Sep '22 63
  • August '22 Aug '22 90
  • July '22 Jul '22 82
  • June '22 Jun '22 118
  • May '22 May '22 96
  • April '22 Apr '22 113
  • March '22 Mar '22 85
  • February '22 Feb '22 71
  • January '22 Jan '22 63
  • December '21 Dec '21 66
Number of Purchase Loans i
34
(Nov 2022)
-70.4%
year-over-year
y-o-y
  • November '22 Nov '22 34
  • October '22 Oct '22 65
  • September '22 Sep '22 81
  • August '22 Aug '22 88
  • July '22 Jul '22 89
  • June '22 Jun '22 147
  • May '22 May '22 116
  • April '22 Apr '22 153
  • March '22 Mar '22 105
  • February '22 Feb '22 93
  • January '22 Jan '22 78
  • December '21 Dec '21 84
Number of REFI Loans i
5
(Nov 2022)
-94.9%
year-over-year
y-o-y
  • November '22 Nov '22 5
  • October '22 Oct '22 16
  • September '22 Sep '22 15
  • August '22 Aug '22 10
  • July '22 Jul '22 19
  • June '22 Jun '22 10
  • May '22 May '22 14
  • April '22 Apr '22 38
  • March '22 Mar '22 54
  • February '22 Feb '22 72
  • January '22 Jan '22 69
  • December '21 Dec '21 77
Number of HELOC Loans i
10
(Nov 2022)
year-over-year
y-o-y
  • November '22 Nov '22 10
  • October '22 Oct '22 7
  • September '22 Sep '22 15
  • August '22 Aug '22 18
  • July '22 Jul '22 16
  • June '22 Jun '22 11
  • May '22 May '22 4
  • April '22 Apr '22 14
  • March '22 Mar '22 6
  • February '22 Feb '22 12
  • January '22 Jan '22 4
  • December '21 Dec '21 4

Chicago, IL 60647 Foreclosure Activity

There were a total of 3 Chicago, IL 60647 properties with a foreclosure filing in November 2022. Lenders started the foreclosure process on 3 Chicago, IL 60647 properties and repossessed 1 Chicago, IL 60647 properties through completed foreclosures (REOs) in November 2022.

Total Foreclosure Filings i
3
(Nov 2022)
-62.5%
year-over-year
y-o-y
  • November '22 Nov '22 3
  • October '22 Oct '22 7
  • September '22 Sep '22 5
  • August '22 Aug '22 7
  • July '22 Jul '22 7
  • June '22 Jun '22 5
  • May '22 May '22 8
  • April '22 Apr '22 6
  • March '22 Mar '22 7
  • February '22 Feb '22 4
  • January '22 Jan '22 7
  • December '21 Dec '21 1
Foreclosure Starts i
3
(Nov 2022)
+50%
year-over-year
y-o-y
  • November '22 Nov '22 3
  • October '22 Oct '22 5
  • September '22 Sep '22 4
  • August '22 Aug '22 7
  • July '22 Jul '22 4
  • June '22 Jun '22 3
  • May '22 May '22 4
  • April '22 Apr '22 6
  • March '22 Mar '22 5
  • February '22 Feb '22 2
  • January '22 Jan '22 4
  • December '21 Dec '21 N/A
Completed Foreclosures (REOs) i
1
(Nov 2022)
year-over-year
y-o-y
  • November '22 Nov '22 1
  • October '22 Oct '22 N/A
  • September '22 Sep '22 N/A
  • August '22 Aug '22 N/A
  • July '22 Jul '22 N/A
  • June '22 Jun '22 N/A
  • May '22 May '22 1
  • April '22 Apr '22 2
  • March '22 Mar '22 1
  • February '22 Feb '22 N/A
  • January '22 Jan '22 N/A
  • December '21 Dec '21 1
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