60042 Zip Code Real Estate Market Extends Weakness in Price Cuts

Over the past 30 days, there have been fewer price cuts in the 60042 zip code market, continuing a nine-week declining trend to land at 15. However, home sales remained flat with 14 over the same period. While price reduction numbers were weak, the median sales price of homes sold came in at $130,000, which extended a downward swing in price to four weeks. There are only three months of inventory available in the 60042 zip code, so it's still a seller's market, despite the falling prices.

If price is the most important factor in your decision, these are some inexpensive homes being listed in the 60042 zip code:

$119K   $119K   $126K  

Get started right now by checking out 60042 homes for sale or reviewing 60042 real estate trends.

Demographic facts for the 60042 zip code:

  • The median value of all homes in the area is $115,800.
  • This area usually gets 109 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 8.9%.
  • For every teacher there are 18.9 students in this area. (15.3 = national average)

Data reported through 10/19/2016

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Ask a local expert about this area:
RE/MAX Suburban
Snapped 1 home in this area
RE/MAX Advantage Realty
Snapped 1 home in this area

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