Home Values

60447 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

$180,000

  • 5.3% 1-year change
  • 1.3% 1-year forecast

The median home value in 60447 is $180,000. 60447 home values have gone up 5.3% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in 60447 is None. The median rent price in 60447 is $1,350, which is the same as the Minooka median of $1,350.

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 60447 homeowners underwater on their mortgage is 31.2%, which is higher than Minooka at 28.2%.

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Relative ZHVI
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60447 Market Overview

Data through Mar 31, 2015
  • $180,000 ZHVI
  • 1.3% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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60447 Market Health

Data through Mar 31, 2015
  • 0.1/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 31.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
60585 $295,100
60543 $214,000
60404 $209,600
Name Median ZHVI
60560 $208,300
60586 $187,100
60410 $186,300
Name Median ZHVI
60544 $185,800
60450 $183,700
60431 $162,200

Listings & Sales

  • No data
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60447 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,432 60447
    $1,407 Minooka
    $1,362 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,350 Rent list price
  • $0.92 Rent list price / sq ft
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