The 60048 housing market is somewhat competitive. Homes in 60048 receive 3 offers on average and sell in around 49 days. The median sale price of a home in 60048 was $550K last month, up 15.0% since last year. The median sale price per square foot in 60048 is $236, up 12.6% since last year.
In October 2024, 60048 home prices were up 15.0% compared to last year, selling for a median price of $550K. On average, homes in 60048 sell after 49 days on the market compared to 50 days last year. There were 105 homes sold in October this year, down from 112 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,000
+15.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
60048, IL
$550,000
+15.0%
United States
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How hot is the 60048 housing market?
60048 is somewhat competitive. Homes sell in 51 days.
0
100
59
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 51 days.
Hot homes
can sell for about 3% above list price and go pending in around 33 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 60048 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 60048.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
60048 has a minor risk of flooding. 1,026 properties in 60048 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 60048. Flood risk is increasing slower than the national average.
80% of properties are at risk of wildfire over the next 30 years
Fire Factor
60048 has a moderate risk of wildfire. There are 8,758 properties in 60048 that have some risk of being affected by wildfire over the next 30 years. This represents 80% of all properties in 60048.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
60048 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 60048 is most at risk from hurricanes. 10,947 properties in 60048 have some risk of being in a severe wind event within the next 30 years.