October's First-Time Homebuyer Report for 60642 Zip Code

With 18,863 residents, 60642 is a larger than average zip code in Illinois. Also, with a 5.8% decrease over the last 10 years, its population is growing slower than other parts of the state. The 60642 zip code is made up of homes that are considered older than most with a median of 52 years. The best school in the zip code is Skinner Elementary School.

Price Range

Homes in the 60642 zip code are generally more expensive than others in the state with a median home value of $330,000 and an average list price of $500,734. In this week's report, the number of homes sold in the 60642 zip code market fell to 34 over the past 30 days. It marked a decrease of 2.9% from last week's report and another period below the monthly average.

Curious as to which homes have been getting the most attention in the 60642 zip code? These listings have stirred up interest and produced the most views:

$245K   $239K   $224K  

Typical Dwelling

A two-bedroom condo valued around $402,567 is considered a typical dwelling in the 60642 zip code. If a buyer was looking for a similar home, they would need good credit and a $80,513 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,049 and the property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out 60642 homes for sale or reviewing 60642 real estate trends.


Data reported through 10/13/2016

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Berkshire Hathaway Koenig Rubloff Realty Group
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RE/MAX Premier Properties
Snapped 3 homes in this area
Betancourt Realty
Snapped 2 homes in this area

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