The 60016 housing market is very competitive. Homes in 60016 receive 5 offers on average and sell in around 42 days. The median sale price of a home in 60016 was $292K last month, up 13.0% since last year. The median sale price per square foot in 60016 is $203, up 6.3% since last year.
In April 2024, 60016 home prices were up 13.0% compared to last year, selling for a median price of $292K. On average, homes in 60016 sell after 42 days on the market compared to 54 days last year. There were 157 homes sold in April this year, down from 158 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$291,500
+13.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
60016, IL
$291,500
+13.0%
United States
To compare other locations to the 60016 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 60016 housing market?
60016 is very competitive. Homes sell in 39 days.
0
100
76
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 39 days.
Hot homes
can sell for about 6% above list price and go pending in around 29 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 60016 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 60016.
Risk Factor
Flood Factor - Moderate
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
60016 has a moderate risk of flooding. 2,106 properties in 60016 are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in 60016. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
60016 has a moderate risk of wildfire. There are 1,659 properties in 60016 that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in 60016.