Home Values

Big Oaks 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

$269,100

  • 0.7% 1-year change
  • -0.1% 1-year forecast

The median home value in Big Oaks is $269,100. Big Oaks home values have gone up 0.7% over the past year and Zillow predicts they will fall -0.1% within the next year. The median list price per square foot in Big Oaks is $237, which is higher than the Chicago average of $168. The median price of homes currently listed in Big Oaks is $294,900 while the median price of homes that sold is $284,000. The median rent price in Big Oaks is $776, which is lower than the Chicago median of $1,595.

Foreclosures will be a factor impacting home values in the next several years. In Big Oaks 2.9 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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Relative ZHVI
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Big Oaks Market Overview

Data through Jan 31, 2015
  • $269,100 ZHVI
  • -0.1% 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
    (Jan 31, 2016)
  • $294,900 Median listing price
  • No recent data Median sale price
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Big Oaks Market Health

Data through Jan 31, 2015
  • 1.9/10 Less 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Neighborhoods

Name Median ZHVI
Wildwood $418,700
Old Norwood Park $372,600
Norwood Park East $296,300
Name Median ZHVI
Norwood Park West $285,400
Oriole Park $259,700
Jefferson Park $259,200
Name Median ZHVI
Union Ridge $257,600
Portage Park $244,100
Dunning $202,200

Listings & Sales

Data through Jan 31, 2015
  • $237 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
13.3%
Sold below listing
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Big Oaks Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,768 Big Oaks
    $1,605 Chicago
    $1,350 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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