Today Zillow came out with our quarterly home value data for the second quarter of 2007. Data is calculated as 
the median of all of the company's home-value estimates across the country I pulled out some data specifc to the Chicagoland metro area. If you are interested in recieving the full excel spreadsheet on all data for the area, email me and I will send it to you.
Home Type Breakdown:
| MSA | Home Type | Zindex | Quarter Over Quarter Change | Year Over Year Change | 5 Year Annualized Change |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Average Home | $296,570 | 1.5% | -1.6% | 6.4% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Single Family Residence | $268,083 | 0.8% | -1.3% | 6.4% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Single Family Residence, Small Size | $222,144 | -0.4% | -1.5% | 8.5% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Single Family Residence, Medium Size | $296,885 | 0.3% | -2.3% | 6.7% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Single Family Residence, Large Size | $493,407 | -2.3% | 0.5% | 5.6% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Condominium | $210,994 | 2.7% | 0.7% | 5.5% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Condominium, Small Size | $166,410 | 7.6% | 9.1% | 9.9% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Condominium, Medium Size | $232,604 | 3.2% | 0.2% | 6.3% |
| Chicago-Gary-Kenosha, IL-IN-WI CMSA | Condominium, Large Size | $328,232 | 4.9% | 0.3% | 6.0% |
Home Type in Cook County Breakdown
| County (Largest City) | Home Type | Zindex | Quarter Over Quarter Change | Year Over Year Change | 5 Year Annualized Change |
| Cook (Chicago) | Average Home | $296,570 | 1.5% | -1.6% | 6.4% |
| Cook (Chicago) | Single Family Residence | $274,968 | -0.4% | -2.7% | 7.2% |
| Cook (Chicago) | Single Family Residence, Small Size | $222,083 | -0.2% | -1.3% | 8.6% |
| Cook (Chicago) | Single Family Residence, Medium Size | $296,885 | 0.3% | -2.3% | 6.7% |
| Cook (Chicago) | Single Family Residence, Large Size | $493,407 | -2.3% | 0.5% | 5.6% |
| Cook (Chicago) | Condominium | $211,686 | 2.6% | 0.6% | 5.5% |
| Cook (Chicago) | Condominium, Small Size | $167,106 | 8.1% | 9.8% | 10.1% |
| Cook (Chicago) | Condominium, Medium Size | $232,604 | 3.2% | 0.2% | 6.3% |
| Cook (Chicago) | Condominium, Large Size | $328,232 | 4.9% | 0.3% | 6.0% |
Top 5 Neighborhoods with Largest Quarter-Over-Quarter Decrease
| Neighborhood | Zindex | Quarter Over Quarter Change | Year Over Year Change |
| West Ridge (Chicago, Cook County) | $273,115 | -9.6% | -9.4% |
| 60015 (Deerfield) | $522,174 | -9.1% | -4.0% |
| Olde Renwick Trail (Joliet, Will County) | $247,856 | -8.7% | 10.8% |
| 60302 (Oak Park) | $427,683 | -5.4% | -9.0% |
| 60025 (Glenview) | $452,559 | -5.0% | -4.3% |
| 60543 (Oswego) | $263,291 | -4.9% | 1.5% |
Top 5 Neighborhoods with Larger Quarter-Over-Quarter Increase
| Neighborhood | Zindex | Quarter Over Quarter Change |
| 60950 (Manteno) | $199,912 | 10.4% |
| 60521 (Oak Brook) | $898,096 | 10.9% |
| 60401 (Beecher) | $206,655 | 11.7% |
| 60523 (Oak Brook) | $745,321 | 12.3% |
| Southside Area (Joliet, Will County) | $109,967 | 13.2% |
Like what you're reading? Then subscribe to my blog and be notified when I post something new.
Connect with me on:
