Median home value in zip code 60120 (Elgin, IL) is $287K, up 2.7% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Chicago-Naperville-Elgin, IL-IN-WI metro →

Home Value$287,380

YoY Change

+2.7%

AFFORDABILITY

Enter your income for 60120 (Elgin).

Income (annual)

Down Payment

$57,476 on $287,380

Stretch — 33.7% of income

Above 28% but manageable with cuts.

PITI$2,106

P/I33.7%

Afford$239K

Gap-$49K

P&I $1,453Tax $503Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

60120 is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Chicago-Naperville-Elgin, IL-IN-WI analysis

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