61016 Housing Market

$282,283

8.4% 1-yr

The average 61016 home value is $282,283, up 8.4% over the past year. (Updated on 3/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

61016 Key Takeaways

Typical Home Values: $282,283

1-Year Value Change: +8.4%

(Data through March 31, 2026)

61016 Housing Market Overview

1-Year Market Forecast: 3.9% (March 31, 2026)

For Sale Inventory: 11 (March 31, 2026)

New Listings: 5 (March 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: --

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
61112--
61108$183,635
61109$187,564
61008$258,034
61107$216,888
61052$252,443
60146$277,431
61104$107,594
61114$264,476

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61016 Rental Market Trends

Average Rent: --

National Average Rent: $1,910 (March 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.