Home Values

60503 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$226,600

  • 9.7% 1-year change
  • 2.9% 1-year forecast

The median home value in 60503 is $226,600. 60503 home values have gone up 9.7% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in 60503 is $100, which is lower than the Aurora average of $109. The median price of homes currently listed in 60503 is $219,500 while the median price of homes that sold is $162,200. The median rent price in 60503 is $1,475, which is higher than the Aurora median of $1,400.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 60503 is 7.0%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 60503 homeowners underwater on their mortgage is 29.3%, which is lower than Aurora at 31.2%.

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Relative ZHVI
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60503 Market Overview

Data through Nov 30, 2014
  • $226,600 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $219,500 Median listing price
  • $162,200 Median sale price (Oct 31, 2014)
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60503 Market Health

Data through Nov 30, 2014
  • 6.4/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 29.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
60564 $416,000
60585 $320,000
60490 $263,500
Name Median ZHVI
60502 $262,900
60543 $223,800
60544 $197,600
Name Median ZHVI
60504 $174,300
60538 $156,100
60505 $104,900

Listings & Sales

Data through Nov 30, 2014
  • $100 Median list price / sq ft
  • $101 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
56.0%
Sold below listing
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60503 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,898 60503
    $1,485 Aurora
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,475 Rent list price
  • $1.03 Rent list price / sq ft
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