Volo's October First-Time Homebuyer Report

Volo has a much older population than other areas in Illinois with a median age of 30 years. It is also very affluent with a median income of $75,880 per household. Its three largest zip codes are 60073, 60041, and 60020. The Volo market is primarily made up of detached houses, which currently account for 83% of the homes for sale in the area. The best school in the city is Lakes Community High School.

Price Range

The median value of homes in Volo is $116,200, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $228,580. 60041, 60020, and 60073 are the costliest places in the city. Over the last 30 days, the Volo market looked healthy with 18 homes sold, a 12.5% increase from last week's report.

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

$165K   $119K   $209K  

Typical Dwelling

The typical dwelling in Volo is a four-bedroom detached home worth about $256,544. To purchase a similar home, a buyer with good credit and a $51,309 cash down payment could obtain a mortgage with a 3.95% interest rate and a $956 monthly payment. The property tax rate is $19.95 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


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Prudential Rubloff Properties
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RE/MAX Center
Snapped 12 homes in this area
Prudential Visions Realty
Snapped 1 home in this area

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