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Condo Foreclosures in Calumet City, IL

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Calumet City, IL Foreclosures

Current Market Conditions in in Calumet City, IL As of February 2026?
Over the past month, home sales in Calumet City have shown an uptick, with a 5% increase in closed transactions. This is partially due to greater interest from buyers looking for affordable housing options in the wake of rising prices in nearby Chicago. Inventory levels are also seeing a slight increase, which could ease some pressure on home prices in the near future.
How much do homes sell for in Calumet City, IL?
The average home price is currently $178,934.
In Calumet City, IL, how many homes are available?
There are currently 34 active home listings available in Calumet City.
What’s the average rental cost in Calumet City, IL?
The average rental price in Calumet City is $1,249.
What is the most expensive home in Calumet City?
The most expensive home sold in Calumet City had a price of $27,427,510.
What is currently the cheapest priced home in Calumet City, IL?
The cheapest home for sale in Calumet City is priced at $10,283.

Living in Calumet City, IL

Calumet City is a charming suburb of Chicago that offers a mix of residential, commercial, and recreational opportunities. With its rich history and cultural diversity, the area provides a welcoming community for families and individuals alike. Residents benefit from accessible transportation options and a range of local amenities.

Buyer vs Seller Market in Calumet City, IL

The real estate market in Calumet City has remained steady, with increasing demand for single-family homes as families seek more space and suburban living. The median home price is competitive compared to neighboring suburbs, attracting both investors and first-time buyers.

Home Value Estimator For Calumet City, IL

There are currently 11,911 real estate properties in Calumet City, IL, with a median automated valuation model (AVM) price of $164,238.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Calumet City, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Calumet City, IL, is $178,934.00, with the most expensive house in Calumet City, IL, topping out at $27,427,510.00 and the cheapest home in Calumet City, IL, clocking in at $10,283.00. In other words, there’s something for every potential homebuyer or savvy investor in Calumet City, IL!

Rent Prices In Calumet City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Calumet City, IL, is on a rollercoaster ride. The average rent price in Calumet City, IL, is $1,249.00. Indeed, when looking to rent in Calumet City, IL, you can expect to pay as little as $720.00 or as much as $2,520.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Calumet City, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Calumet City, IL Condos

Market Trend for Calumet City, IL

Total Listings Available: 34

Market Values:

Home Prices from $10,283 to $27,427,510

Average Sales Price: $178,934

Rental Values:

Rental from $720 to $2,520

Average Rent Value: $1,249 / month

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