60040 Zip Code Real Estate Market Extends Streak in Contracts

Sales retained their current pace and came in at one home sold in the 60040 zip code market over the last 30 days. However, a six-week upward trend for contracts was extended, with eight pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Pricing in the 60040 zip code remains consistent from last week to this week, with the median sales price at $235,000 again. The 60040 zip code is a definite buyer's market, due to a big 22 months of inventory left and aided by the flat sales.

Trying to find a more traditional home in the 60040 zip code? Then check out these listings that were built before most others in the market:

$579K   $249K   $300K  

Get started right now by checking out 60040 homes for sale or reviewing 60040 real estate trends.

Demographic facts for the 60040 zip code:

  • The average age of the population is 32 years old.
  • This area has a health cost index score of 106.0. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (33.6%), 15-29 min (39.2%), 30-44 min (11.6%), 45-59 min (4.1%), >60 min (11.5%).

Data reported through 10/12/2016

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