Des Plaines, IL 60016 Real Estate & Property Data

Des Plaines, IL 60016 Real Estate Market Trends
Last Updated: March 30, 2023

A total of 1,075 residential properties have been sold over the past 12 months in 60016. With a median sales price of $330,000 in 60016 and a total of 7 foreclosures in Des Plaines, IL 60016. Discover market trends and get the granular level real estate data for Des Plaines, IL 60016 to keep your pulse on the housing market. Curate compelling home reports for Des Plaines, IL 60016 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Des Plaines, IL 60016 Real Estate Market Trends
Total Residential Properties 21,035
Total Commercial Properties 674
Avg. Home Age (Single Family Home) 65 Years
Avg. Square Feet (Single Family Home) 1,591
Total 2023 Residential Sales (year-to-date) 102
% of Homes Seriously Underwater (Q1 2023) 1.24%
Total 2022 Residential Sales 1,051
% of Equity Rich Homes (Q1 2023) 32.23%
Effective 2022 Property Tax 1.56%
Total Foreclosure Filings (year-to-date) 15
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Des Plaines, IL 60016 Real Estate Overview

There were 1,075 residential properties sold in the past year in Des Plaines, IL 60016. The median home value in Des Plaines, IL 60016 is $283,889. There are a total of 21,035 residential properties in the Des Plaines, IL 60016.

Median Sales Price i
$330,000
(Feb 2023)
+3.1%
year-over-year
y-o-y
  • February '23 Feb '23 $330,000
  • January '23 Jan '23 $306,000
  • December '22 Dec '22 $360,000
  • November '22 Nov '22 $335,000
  • October '22 Oct '22 $335,000
  • September '22 Sep '22 $345,500
  • August '22 Aug '22 $335,000
  • July '22 Jul '22 $362,500
  • June '22 Jun '22 $365,000
  • May '22 May '22 $365,000
  • April '22 Apr '22 $335,000
  • March '22 Mar '22 $330,500
Median Down Payment i
$32,500
(Feb 2023)
-14.5%
year-over-year
y-o-y
  • February '23 Feb '23 $32,500
  • January '23 Jan '23 $44,400
  • December '22 Dec '22 $48,000
  • November '22 Nov '22 $32,500
  • October '22 Oct '22 $61,950
  • September '22 Sep '22 $57,000
  • August '22 Aug '22 $43,600
  • July '22 Jul '22 $37,250
  • June '22 Jun '22 $45,000
  • May '22 May '22 $46,400
  • April '22 Apr '22 $35,500
  • March '22 Mar '22 $31,200
Number of Homes Sold i
43
(Feb 2023)
-44.2%
year-over-year
y-o-y
  • February '23 Feb '23 43
  • January '23 Jan '23 59
  • December '22 Dec '22 55
  • November '22 Nov '22 84
  • October '22 Oct '22 77
  • September '22 Sep '22 97
  • August '22 Aug '22 93
  • July '22 Jul '22 85
  • June '22 Jun '22 97
  • May '22 May '22 107
  • April '22 Apr '22 83
  • March '22 Mar '22 118
Number of Purchase Loans i
35
(Feb 2023)
-58.3%
year-over-year
y-o-y
  • February '23 Feb '23 35
  • January '23 Jan '23 47
  • December '22 Dec '22 44
  • November '22 Nov '22 68
  • October '22 Oct '22 60
  • September '22 Sep '22 72
  • August '22 Aug '22 76
  • July '22 Jul '22 71
  • June '22 Jun '22 91
  • May '22 May '22 95
  • April '22 Apr '22 76
  • March '22 Mar '22 129
Number of REFI Loans i
13
(Feb 2023)
-83.8%
year-over-year
y-o-y
  • February '23 Feb '23 13
  • January '23 Jan '23 9
  • December '22 Dec '22 8
  • November '22 Nov '22 15
  • October '22 Oct '22 11
  • September '22 Sep '22 22
  • August '22 Aug '22 19
  • July '22 Jul '22 18
  • June '22 Jun '22 29
  • May '22 May '22 23
  • April '22 Apr '22 37
  • March '22 Mar '22 71
Number of HELOC Loans i
5
(Feb 2023)
-50%
year-over-year
y-o-y
  • February '23 Feb '23 5
  • January '23 Jan '23 7
  • December '22 Dec '22 11
  • November '22 Nov '22 11
  • October '22 Oct '22 12
  • September '22 Sep '22 24
  • August '22 Aug '22 7
  • July '22 Jul '22 16
  • June '22 Jun '22 29
  • May '22 May '22 12
  • April '22 Apr '22 9
  • March '22 Mar '22 19

Des Plaines, IL 60016 Foreclosure Activity

There were a total of 7 Des Plaines, IL 60016 properties with a foreclosure filing in February 2023. Lenders started the foreclosure process on 4 Des Plaines, IL 60016 properties and repossessed 1 Des Plaines, IL 60016 properties through completed foreclosures (REOs) in February 2023.

Total Foreclosure Filings i
7
(Feb 2023)
+40%
year-over-year
y-o-y
  • February '23 Feb '23 7
  • January '23 Jan '23 8
  • December '22 Dec '22 7
  • November '22 Nov '22 9
  • October '22 Oct '22 7
  • September '22 Sep '22 8
  • August '22 Aug '22 12
  • July '22 Jul '22 9
  • June '22 Jun '22 7
  • May '22 May '22 10
  • April '22 Apr '22 10
  • March '22 Mar '22 12
Foreclosure Starts i
4
(Feb 2023)
+100%
year-over-year
y-o-y
  • February '23 Feb '23 4
  • January '23 Jan '23 7
  • December '22 Dec '22 2
  • November '22 Nov '22 5
  • October '22 Oct '22 4
  • September '22 Sep '22 8
  • August '22 Aug '22 8
  • July '22 Jul '22 6
  • June '22 Jun '22 7
  • May '22 May '22 8
  • April '22 Apr '22 9
  • March '22 Mar '22 9
Completed Foreclosures (REOs) i
1
(Feb 2023)
  • February '23 Feb '23 1
  • January '23 Jan '23 N/A
  • December '22 Dec '22 N/A
  • November '22 Nov '22 1
  • October '22 Oct '22 1
  • September '22 Sep '22 2
  • August '22 Aug '22 2
  • July '22 Jul '22 5
  • June '22 Jun '22 N/A
  • May '22 May '22 4
  • April '22 Apr '22 1
  • March '22 Mar '22 4
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