60123 Zip Code First-Time Homebuyer Report for October

The 60123 zip code is much older than the rest of Illinois, with a median age of 33. It's affluent as well, with a median income of $57,125 per household. The 60123 zip code market is primarily made up of detached homes, currently accounting for 79% overall. The best school in the zip code is Prairie View Grade School.

Culture

If you're looking to explore the landscape of 60123, then check out The Centre of Elgin and Elgin Sports Complex, Foursquare's most popular places for outdoor activities. You might also try Marcus Elgin Cinema and The Hemmens, a few popular destinations for entertainment. And finally, recommended places to eat are Elgin Public House, Prime BurgerHouse, and Paul's Family Restaurant.

Price Range

Homes in the 60123 zip code are worth a median of $107,500, similar to other parts of Illinois. Additionally, the list prices of available homes is currently at an average of $174,264. More sellers put their homes up for sale in the 60123 zip code market over the last 30 days and the number of new listings rose this week to 67. Home sales remained unchanged from the prior period and once again 49 homes were sold.

Make sure you take a look at these eye-catching homes in the 60123 zip code that generated the most views from potential buyers:

$135K   $155K   $216K  

Typical Dwelling

A three-bedroom detached home valued around $176,317 is considered a typical dwelling in the 60123 zip code. If a buyer was looking for a similar home, they would need good credit and a $35,263 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $962 and the property tax rate is $19.77 per $1,000 of taxable assessed value.

Get started right now by checking out 60123 homes for sale or reviewing 60123 real estate trends.


Data reported through 10/13/2016

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Homesmart Connect LLC
Snapped 14 homes in this area
Keller Williams Success Realty
Snapped 2 homes in this area
Berkshire Hathaway HomeServices Starck Real Estate
Snapped 1 home in this area

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