Home Values

60527 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

$328,200

  • 0.4% 1-year change
  • 1.1% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool
Buyers' Market
Sellers' Market

The median home value in 60527 is $328,200. 60527 home values have gone up 0.4% over the past year and Zillow predicts they will rise 1.1% within the next year. The median rent price in 60527 is $1,500, which is lower than the Willow Springs median of $1,549.

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 60527 homeowners underwater on their mortgage is 18.1%, which is lower than Willow Springs at 24.0%.

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Relative ZHVI
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60527 Market Overview

Data through May 31, 2015
  • $328,200 ZHVI
  • 1.1% 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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60527 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 18.1% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
60521 $786,600
60558 $462,200
60514 $392,500
Name Median ZHVI
60439 $319,400
60516 $298,800
60525 $287,000
Name Median ZHVI
60561 $283,000
60559 $235,700
60480 $222,900

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $148 Median sale price / sq ft
  • No data Listings with price cut
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60527 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,074 60527
    $1,787 Willow Springs
    $1,367 United States

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

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,500 Rent list price
  • $1.42 Rent list price / sq ft
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