60304 Zip Code Real Estate Market Continues Streak in Price Cuts

This week in the 60304 zip code market, sales rose to 23 homes sold over the last 30 days, which might be due in part to a confirmed upward trend in price reductions, with 24 being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the number of price reductions trended higher, months of inventory is on an eight-week upswing, this week hitting three months. With inventory so low and sales rising, the 60304 zip code is a seller's market.

With these listings in the 60304 zip code recently dropping in price, this may be the last time to see them before they come off the market:

$514K   $299K   $219K  

Get started right now by checking out 60304 homes for sale or reviewing 60304 real estate trends.

Demographic facts for the 60304 zip code:

  • The median value of all homes is $300,000.
  • The area gets 121 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 7.4%.
  • There are 15.0 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Wilk Real Estate
4 reviews
Prudential Rubloff Properties
9 reviews
Weichert Realtors-Nickel Group
Snapped 1 home in this area

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