60007 Zip Code First-Time Homebuyer Report for October

The 60007 zip code has a younger population than other areas in Illinois with a median age of 42 years. It is also very affluent with a median income of $68,175 per household. The 60007 zip code market mostly consists of detached houses, accounting for 68% of the current homes in the area. The top schools in the zip code are Rupley Elementary School, Margaret Mead Jr High School, and Elk Grove High School.

Price Range

The median value of homes in the 60007 zip code is $164,500, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $259,470. Over the last 30 days, 48 homes were sold in the 60007 zip code market, up 14.3%. However, the market is still in a confirmed downward trend overall.

Make sure you take a look at these eye-catching homes in the 60007 zip code that generated the most views from potential buyers:

$248K   $264K   $184K  

Typical Dwelling

The typical dwelling in the 60007 zip code is a three-bedroom detached home worth about $264,772. To purchase a similar home, a buyer with good credit and a $52,954 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,199 monthly payment. The property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out 60007 homes for sale or reviewing 60007 real estate trends.


Data reported through 10/13/2016

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