New Streak in Contracts for 60435 Zip Code Real Estate Market

Sales fell this week to 56 homes sold in the 60435 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with 76 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. The median sales price rose to $138,587, up from last week's $132,100. In spite of the decrease in sales, a low two months of inventory signals that the 60435 zip code is a strong seller's market.

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Demographic facts about the 60435 zip code:

  • The average age of houses in this area is 44 years old.
  • This area usually gets 23.6 inches of snow each year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 78. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,995. ($5,691 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
john greene Realtor
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Redco, Inc.
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