Home Values

60083 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

$226,000

  • 6.1% 1-year change
  • 1.9% 1-year forecast

The median home value in 60083 is $226,000. 60083 home values have gone up 6.1% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in 60083 is $102, which is lower than the Wadsworth average of $139. The median price of homes currently listed in 60083 is $239,900 while the median price of homes that sold is $229,308. The median rent price in 60083 is $1,795.

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 60083 homeowners underwater on their mortgage is 31.2%, which is lower than Wadsworth at 32.1%.

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Relative ZHVI
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60083 Market Overview

Data through Feb 28, 2015
  • $226,000 ZHVI
  • 1.9% 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
    (Feb 29, 2016)
  • $239,900 Median listing price
  • No recent data Median sale price
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60083 Market Health

Data through Feb 28, 2015
  • 1.8/10 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
  • 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
60048 $388,200
60031 $210,500
60030 $178,900
Name Median ZHVI
60046 $175,800
60096 $147,100
60099 $103,700
Name Median ZHVI
60087 $103,500
60085 $83,800
60064 $77,700

Listings & Sales

Data through Feb 28, 2015
  • $102 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.9% Listings with price cut
61.0%
Sold below listing
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60083 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,838 60083
    $2,121 Wadsworth
    $1,355 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)
  • $1,795 Rent list price
  • $0.87 Rent list price / sq ft
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