Median home value in zip code 60123 (Elgin, IL) is $299,174, up 3.8% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Home Value$299,174

YoY Change

+3.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 60123 (Elgin).

Income (annual)

Down Payment

$59,835 on $299,174

Example: $75,000 household income. Change it above to see your own.

Stretch35% of income

Above 28% but manageable with cuts.

PITI$2,186

P/I35%

Afford$240K

Gap-$60K

P&I $1,513Tax $524Ins $150

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

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

Metro Analysis

60123 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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