Median home value in zip code 60124 (Elgin, IL) is $487,054, up 2.5% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Home Value$487,054

YoY Change

+2.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 60124 (Elgin).

Income (annual)

Down Payment

$97,411 on $487,054

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

Out of reach55.4% of income

Need $148,500/yr to afford.

PITI$3,465

P/I55.4%

Afford$246K

Gap-$241K

P&I $2,463Tax $852Ins $150

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

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

Metro Analysis

60124 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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