60550 Zip Code First-Time Homebuyer Report for October

The 60550 zip code is a zip code in Illinois with a median income of $53,945 per household. Besides being affluent, its population is much younger than others with a median age of 43 years. The 60550 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.

Price Range

Some of the more expensive homes in Illinois are in the 60550 zip code with a median home value of $160,900 and an average list price for available homes currently at $151,782. The number of sellers who put their homes up for sale in the 60550 zip code market over the last 30 days remained flat this week at two. Home sales also remained unchanged from the prior period and once again one home was sold.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 60550 zip code:

$149K   $129K   $119K  

Typical Dwelling

The typical dwelling in the 60550 zip code is a three-bedroom detached home worth about $159,830. To purchase a similar home, a buyer with good credit and a $31,966 cash down payment could obtain a mortgage with a 3.95% interest rate and a $345 monthly payment. The property tax rate is $21.01 per $1,000 of taxable assessed value.

Get started right now by checking out 60550 homes for sale or reviewing 60550 real estate trends.


Data reported through 10/13/2016

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