60438 Zip Code First-Time Homebuyer Report for October

With 29,067 residents, 60438 is a larger than average zip code in Illinois. Also, with a 0.3% increase over the last 10 years, its population is growing slower than other parts of the state. Homes in the 60438 zip code are older than most with a median age of 44 years. The best school in the zip code is Lester Crawl Primary Center.

Culture

According to Foursquare, if shopping is your thing, you might enjoy Walmart Supercenter, Sunrise Health Foods, and Family Dollar. If you like outdoor activities, some popular spots are LA Fitness and Lan-Oak Park. And finally, Wingstop, Dunkin Donuts / Baskin Robbins, and Calumet Bakery are frequently visited spots to eat.

Price Range

The median value of homes in the 60438 zip code is $75,500, making it one of the lower priced areas in Illinois. At the same time, the average list price of available homes is presently $109,116. The 60438 zip code market made strides in this week's report, as the number of home sales climbed 8.7%, pushing the total to 50 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 60438 zip code:

$135K   $137K   $106K  

Typical Dwelling

A three-bedroom detached home valued around $109,853 is considered a typical dwelling in the 60438 zip code. If a buyer was looking for a similar home, they would need good credit and a $21,971 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $616 and the property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out 60438 homes for sale or reviewing 60438 real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
Flipside Realty
Snapped 12 homes in this area
CRIS Realty
Snapped 2 homes in this area
Illinois Real Estate Partners Inc
Snapped 1 home in this area

Agents that specialize in this area
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