Home Values

60523 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

$700,500

  • 4.0% 1-year change
  • 0.2% 1-year forecast

The median home value in 60523 is $700,500. 60523 home values have gone up 4.0% over the past year and Zillow predicts they will rise 0.2% within the next year. The median list price per square foot in 60523 is $266, which is higher than the Oak Brook average of $265. The median price of homes currently listed in 60523 is $850,000 while the median price of homes that sold is $605,750. The median rent price in 60523 is $3,800.

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 60523 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 60523 homeowners underwater on their mortgage is 11.2%, which is the same as Oak Brook at 11.2%.

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Relative ZHVI
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60523 Market Overview

Data through Dec 31, 2014
  • $700,500 ZHVI
  • 0.2% 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)
  • $850,000 Median listing price
  • No recent data Median sale price
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60523 Market Health

Data through Dec 31, 2014
  • 2.1/10 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.
  • No data Average days on Zillow
  • 11.2% 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 Zip Codes

Name Median ZHVI
60521 $819,300
60558 $488,400
60514 $438,000
Name Median ZHVI
60126 $361,300
60559 $245,600
60181 $209,800
Name Median ZHVI
60154 $195,600
60163 $136,800
60162 $136,200

Listings & Sales

Data through Dec 31, 2014
  • $266 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 20.6% Listings with price cut
23.2%
Sold below listing
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60523 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $3,355 60523
    $3,339 Oak Brook
    $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

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