Chicago, IL 60651 Real Estate & Property Data

Chicago, IL 60651 Real Estate Market Trends
Last Updated: May 20, 2024

A total of 228 residential properties have been sold over the past 12 months in 60651. With a median sales price of $355,000 in 60651 and a total of 19 foreclosures in Chicago, IL 60651. Discover market trends and get the granular level real estate data for Chicago, IL 60651 to keep your pulse on the housing market. Curate compelling home reports for Chicago, IL 60651 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Chicago, IL 60651 Real Estate Market Trends
Total Residential Properties 5,752
Total Commercial Properties 784
Avg. Home Age (Single Family Home) 101 Years
Avg. Square Feet (Single Family Home) 1,263
Total 2024 Residential Sales (year-to-date) 42
% of Homes Seriously Underwater (Q2 2024) 2.32%
Total 2023 Residential Sales 222
% of Equity Rich Homes (Q2 2024) 44.25%
Effective 2023 Property Tax 1.14%
Total Foreclosure Filings (year-to-date) 33
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Chicago, IL 60651 Real Estate Overview

There were 228 residential properties sold in the past year in Chicago, IL 60651. The median home value in Chicago, IL 60651 is $276,058. There are a total of 5,752 residential properties in the 60651.

Median Sales Price i
$355,000
(Mar 2024)
+44.9%
year-over-year
y-o-y
  • March '24 Mar '24 $355,000
  • February '24 Feb '24 $294,000
  • January '24 Jan '24 $294,500
  • December '23 Dec '23 $370,000
  • November '23 Nov '23 $270,000
  • October '23 Oct '23 $263,500
  • September '23 Sep '23 $285,000
  • August '23 Aug '23 $233,750
  • July '23 Jul '23 $275,000
  • June '23 Jun '23 $278,500
  • May '23 May '23 $345,000
  • April '23 Apr '23 $290,000
Median Down Payment i
$46,250
(Mar 2024)
+89%
year-over-year
y-o-y
  • March '24 Mar '24 $46,250
  • February '24 Feb '24 $41,775
  • January '24 Jan '24 $22,500
  • December '23 Dec '23 $26,229
  • November '23 Nov '23 $32,375
  • October '23 Oct '23 $22,057
  • September '23 Sep '23 $15,505
  • August '23 Aug '23 $8,600
  • July '23 Jul '23 $10,950
  • June '23 Jun '23 $42,940
  • May '23 May '23 $10,350
  • April '23 Apr '23 $21,750
Number of Homes Sold i
11
(Mar 2024)
-26.7%
year-over-year
y-o-y
  • March '24 Mar '24 11
  • February '24 Feb '24 10
  • January '24 Jan '24 21
  • December '23 Dec '23 22
  • November '23 Nov '23 18
  • October '23 Oct '23 20
  • September '23 Sep '23 19
  • August '23 Aug '23 18
  • July '23 Jul '23 15
  • June '23 Jun '23 20
  • May '23 May '23 21
  • April '23 Apr '23 18
Number of Purchase Loans i
6
(Mar 2024)
-40%
year-over-year
y-o-y
  • March '24 Mar '24 6
  • February '24 Feb '24 9
  • January '24 Jan '24 13
  • December '23 Dec '23 13
  • November '23 Nov '23 13
  • October '23 Oct '23 14
  • September '23 Sep '23 37
  • August '23 Aug '23 13
  • July '23 Jul '23 11
  • June '23 Jun '23 14
  • May '23 May '23 19
  • April '23 Apr '23 14
Number of REFI Loans i
15
(Mar 2024)
+50%
year-over-year
y-o-y
  • March '24 Mar '24 15
  • February '24 Feb '24 11
  • January '24 Jan '24 12
  • December '23 Dec '23 15
  • November '23 Nov '23 13
  • October '23 Oct '23 14
  • September '23 Sep '23 29
  • August '23 Aug '23 11
  • July '23 Jul '23 8
  • June '23 Jun '23 6
  • May '23 May '23 6
  • April '23 Apr '23 2
Number of HELOC Loans i
1
(Mar 2024)
year-over-year
y-o-y
  • March '24 Mar '24 1
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 7
  • October '23 Oct '23 4
  • September '23 Sep '23 4
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1

Chicago, IL 60651 Foreclosure Activity

There were a total of 19 Chicago, IL 60651 properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 18 Chicago, IL 60651 properties and repossessed 2 Chicago, IL 60651 properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
19
(Mar 2024)
+18.8%
year-over-year
y-o-y
  • March '24 Mar '24 19
  • February '24 Feb '24 6
  • January '24 Jan '24 8
  • December '23 Dec '23 11
  • November '23 Nov '23 7
  • October '23 Oct '23 4
  • September '23 Sep '23 6
  • August '23 Aug '23 20
  • July '23 Jul '23 11
  • June '23 Jun '23 10
  • May '23 May '23 14
  • April '23 Apr '23 15
Foreclosure Starts i
18
(Mar 2024)
+20%
year-over-year
y-o-y
  • March '24 Mar '24 18
  • February '24 Feb '24 6
  • January '24 Jan '24 7
  • December '23 Dec '23 8
  • November '23 Nov '23 4
  • October '23 Oct '23 N/A
  • September '23 Sep '23 3
  • August '23 Aug '23 9
  • July '23 Jul '23 7
  • June '23 Jun '23 7
  • May '23 May '23 10
  • April '23 Apr '23 9
Completed Foreclosures (REOs) i
2
(Mar 2024)
year-over-year
y-o-y
  • March '24 Mar '24 2
  • February '24 Feb '24 5
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 6
  • May '23 May '23 N/A
  • April '23 Apr '23 4
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