New Weakness in New Listings for 60048 Zip Code Real Estate Market

With a budding downward trend of new sellers listing homes, including 61 over the last 30 days, and sales that fell to 32 in that same time frame, the 60048 zip code market will be cooling off. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are falling in the 60048 zip code, and this period the median price of all sales fell from $409,500 to $378,000. The 60048 zip code is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.

Looking for a more classic home in the 60048 zip code? These are older homes currently available in the market:

$699K   $315K   $299K  

Get started right now by checking out 60048 homes for sale or reviewing 60048 real estate trends.

Demographic facts about the 60048 zip code:

  • The rating for this area for population growth is 66. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 319.6 per 100,000 people.
  • This area has a health cost index score of 106.0. (100 = national average)
  • 79.8% of the residents travel to work in an automobile, 6.8% via carpool, and 5.1% by way of public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Prudential Rubloff Properties
3 reviews
United Brokers Group
Snapped 1 home in this area
Coldwell Banker Residential Brokerage
Snapped 13 homes in this area

Agents that specialize in this area
4 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.