Home Values

60417 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

$151,900

  • 2.8% 1-year change
  • -0.1% 1-year forecast

The median home value in 60417 is $151,900. 60417 home values have gone up 2.8% over the past year and Zillow predicts they will fall -0.1% within the next year. The median list price per square foot in 60417 is $70, which is higher than the Crete average of $70. The median price of homes currently listed in 60417 is $146,900 while the median price of homes that sold is $164,685. The median rent price in 60417 is $1,500, which is the same as the Crete median of $1,500.

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 60417 is 12.0%, 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 60417 homeowners underwater on their mortgage is 29.0%, which is the same as Crete at 29.0%.

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Relative ZHVI
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60417 Market Overview

Data through Jan 31, 2015
  • $151,900 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)
  • $146,900 Median listing price
  • No recent data Median sale price
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60417 Market Health

Data through Jan 31, 2015
  • 0.2/10 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
  • 29.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 12.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
60461 $206,500
60401 $180,700
60484 $110,100
Name Median ZHVI
60425 $108,400
60438 $97,900
60475 $93,700
Name Median ZHVI
60476 $88,900
60411 $85,900
60466 $75,600

Listings & Sales

Data through Jan 31, 2015
  • $70 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
25.7%
Sold below listing
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60417 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,568 60417
    $1,561 Crete
    $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

  • 2.0 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 recent data Rent list price / sq ft
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