Home Values

Minooka 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

$182,200

  • 14.8% 1-year change
  • 4.8% 1-year forecast

The median home value in Minooka is $182,200. Minooka home values have gone up 14.8% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in Minooka is $99, which is lower than the Chicago Metro average of $128. The median price of homes currently listed in Minooka is $189,900 while the median price of homes that sold is $187,975. The median rent price in Minooka is $1,350, which is lower than the Chicago Metro median of $1,450.

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 Minooka is 5.8%, which is lower 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 Minooka homeowners underwater on their mortgage is 31.2%, which is higher than Chicago Metro at 25.3%.

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Relative ZHVI
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Minooka Market Overview

Data through Dec 31, 2014
  • $182,200 ZHVI
  • 4.8% 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
    (Dec 31, 2015)
  • $189,900 Median listing price
  • No recent data Median sale price
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Minooka Market Health

Data through Dec 31, 2014
  • 5.8/10 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
  • 31.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Shorewood $219,900
Plainfield $214,900
Channahon $194,500
Name Median ZHVI
Diamond $174,800
Morris $159,900
Elwood $159,200
Name Median ZHVI
Coal City $139,100
Joliet $116,800
Rockdale $100,700

Listings & Sales

Data through Dec 31, 2014
  • $99 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 27.3% Listings with price cut
58.1%
Sold below listing
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Minooka Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,486 Minooka
    $1,623 Chicago Metro
    $1,345 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
  • $0.87 Rent list price / sq ft
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