Home Values

60462 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

$225,600

  • -2.3% 1-year change
  • -0.7% 1-year forecast

The median home value in 60462 is $225,600. 60462 home values have declined -2.3% over the past year and Zillow predicts they will fall -0.7% within the next year. The median list price per square foot in 60462 is None.

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 60462 homeowners underwater on their mortgage is 18.4%, which is higher than Orland Park at 15.2%.

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Relative ZHVI
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60462 Market Overview

Data through Mar 31, 2015
  • $225,600 ZHVI
  • -0.7% 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
  • $183,700 Median sale price (Jan 31, 2015)
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60462 Market Health

Data through Mar 31, 2015
  • 0.4/10 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
  • 18.4% 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
60464 $339,800
60467 $280,200
60463 $231,500
Name Median ZHVI
60487 $220,500
60477 $177,200
60452 $164,800
Name Median ZHVI
60465 $144,400
60482 $121,400
60415 $108,700

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $132 Median sale price / sq ft (Jan 31, 2015)
  • No data Listings with price cut
41.1%
Sold below listing
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60462 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,812 60462
    $1,935 Orland Park
    $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

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