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

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