60631 Zip Code First-Time Homebuyer Report for October

With 28,346 residents, 60631 is a larger than average zip code in Illinois. Also, with a 5.7% decrease over the last 10 years, its population is growing slower than other parts of the state. The 60631 zip code is made up of homes that are considered older than most with a median of 55 years. Topping the list of best schools in the zip code is Edison Elementary Regional Gifted Center.

Price Range

The median value of homes in the 60631 zip code is $255,000, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $355,986. The 60631 zip code market saw sales remain flat this week but it is currently in the midst of an established upward sales trend, including 37 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 60631 zip code that generated the most views from potential buyers:

$565K   $134K   $324K  

Typical Dwelling

The typical dwelling in the 60631 zip code is a three-bedroom detached home worth about $358,423. To purchase a similar home, a buyer with good credit and a $71,685 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,763 monthly payment. The property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out 60631 homes for sale or reviewing 60631 real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Berkshire Hathaway Koenig Rubloff Realty Group
1 review
Dream Town Realty
Snapped 1 home in this area
Elite Real Estate & Management Co.
Snapped 7 homes in this area

Agents that specialize in this area
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