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Western Springs, IL Real Estate & Property Data

Western Springs Real Estate Market Trends

Last Updated: May 01, 2024

Accurate and comprehensive real estate data is critical for insight into Western Springs, IL. ATTOM’s Western Springs real estate data is updated daily, and current market trends show that in Western Springs, IL a total of 229 residential properties have sold over the past year. With a median home price of $749,000 in Western Springs and a total of 1 foreclosures. Get detailed property data for Western Springs, IL instantly. ATTOM is your one-stop-shop for the Western Springs property reports and real estate data you need in Western Springs, IL.

Western Springs Real Estate Market Trends

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Total Residential Properties 4,817

Total Commercial Properties 112

Avg. Home Age (Single Family Home) 62 Years

Avg. Square Feet (Single Family Home) 2,422

Total 2024 Residential Sales (year-to-date) 43

% of Homes Seriously Underwater (Q2 2024) 2.2%

Total 2023 Residential Sales 201

% of Equity Rich Homes (Q2 2024) 36.84%

Effective 2023 Property Tax 1.74%

Total Foreclosure Filings (year-to-date) 1

Western Springs, IL Real Estate Overview

There were 229 residential properties sold in the past year in Western Springs, IL. The median home value in Western Springs, IL is $665,175. There are a total of 4,817 residential properties in the Western Springs.

Median Sales Price i

$749,000

(Mar 2024)

-1.4%

year-over-year

y-o-y

March '24 Mar '24 $749,000
February '24 Feb '24 $922,500
January '24 Jan '24 $725,000
December '23 Dec '23 $675,000
November '23 Nov '23 $710,000
October '23 Oct '23 $706,000
September '23 Sep '23 $1,092,500
August '23 Aug '23 $741,500
July '23 Jul '23 $800,000
June '23 Jun '23 $650,000
May '23 May '23 $700,000
April '23 Apr '23 $637,500

Median Down Payment i

$100,899

(Mar 2024)

-65.3%

year-over-year

y-o-y

March '24 Mar '24 $100,899
February '24 Feb '24 $201,875
January '24 Jan '24 $175,000
December '23 Dec '23 $80,250
November '23 Nov '23 $191,000
October '23 Oct '23 $137,000
September '23 Sep '23 $216,300
August '23 Aug '23 $164,675
July '23 Jul '23 $172,500
June '23 Jun '23 $130,895
May '23 May '23 $140,000
April '23 Apr '23 $116,500

Number of Homes Sold i

15

(Mar 2024)

-11.8%

year-over-year

y-o-y

March '24 Mar '24 15
February '24 Feb '24 9
January '24 Jan '24 19
December '23 Dec '23 18
November '23 Nov '23 21
October '23 Oct '23 18
September '23 Sep '23 12
August '23 Aug '23 21
July '23 Jul '23 19
June '23 Jun '23 28
May '23 May '23 17
April '23 Apr '23 15

Number of Purchase Loans i

12

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 12
February '24 Feb '24 6
January '24 Jan '24 13
December '23 Dec '23 17
November '23 Nov '23 16
October '23 Oct '23 13
September '23 Sep '23 9
August '23 Aug '23 17
July '23 Jul '23 13
June '23 Jun '23 22
May '23 May '23 14
April '23 Apr '23 16

Number of REFI Loans i

6

(Mar 2024)

-40%

year-over-year

y-o-y

March '24 Mar '24 6
February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 3
November '23 Nov '23 4
October '23 Oct '23 6
September '23 Sep '23 8
August '23 Aug '23 5
July '23 Jul '23 1
June '23 Jun '23 6
May '23 May '23 6
April '23 Apr '23 5

Number of HELOC Loans i

6

(Mar 2024)

+20%

year-over-year

y-o-y

March '24 Mar '24 6
February '24 Feb '24 7
January '24 Jan '24 8
December '23 Dec '23 9
November '23 Nov '23 7
October '23 Oct '23 9
September '23 Sep '23 7
August '23 Aug '23 6
July '23 Jul '23 7
June '23 Jun '23 18
May '23 May '23 9
April '23 Apr '23 6

Western Springs, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60558
$665,175 $274.64/sqft

Western Springs, IL Foreclosure Activity

There were a total of 1 Western Springs, IL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

1

(Mar 2024)

March '24 Mar '24 1
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1

Foreclosure Starts i

1

(Mar 2024)

March '24 Mar '24 1
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 1

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A

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