60050 Zip Code's October First-Time Homebuyer Report

The 60050 zip code is a zip code in Illinois with a median income of $65,891 per household. Besides being very affluent, its population is much older than others with a median age of 38 years. The 60050 zip code market is primarily made up of detached houses, which currently account for 89% of the homes for sale in the area. Heading the list of top schools in the zip code is Landmark Elementary School.

Culture

If you're into the outdoors, great attractions in 60050 include Petersen Park and Veteran's Memorial Park, according to Foursquare. You might also try McHenry Downtown Theater, a popular destination for entertainment. Lastly, Panera Bread, Brunch Cafe, and The Village Squire are well-known places to eat.

Price Range

The median value of homes in the 60050 zip code is $122,500, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $203,239.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 60050 zip code:

$179K   $145K   $289K  

Typical Dwelling

The typical dwelling in the 60050 zip code is a three-bedroom detached home worth about $182,275. To purchase a similar home, a buyer with good credit and a $36,455 cash down payment could obtain a mortgage with a 3.95% interest rate and a $892 monthly payment. The property tax rate is $19.70 per $1,000 of taxable assessed value.

Get started right now by checking out 60050 homes for sale or reviewing 60050 real estate trends.


Data reported through 10/13/2016

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