The story of this market
The typical home in ZIP 60115 sells for about $265,000, or $165 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,018 a month.
ZIP 60115 — DeKalb
The 60115 housing market is characterized by steady demand and moderate inventory levels, with a median sale price of $265,000. While days on market have increased slightly, the market remains balanced for both buyers and sellers. Growth is supported by the university and industrial sector, though high property taxes remain a significant factor for homeowners.
This ZIP is well-suited for university-affiliated individuals, students, and budget-conscious families seeking suburban amenities with access to regional employment hubs. It is less ideal for those requiring a short commute to downtown Chicago.
Median prices moved up 4.2% year over year.
Homes spend a median of 37 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.9% · poverty 25.2% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 60115, DeKalb County IL
Crime rates in DeKalb are generally higher than the national average, with property crime being the most frequently reported incident type. The area experiences typical urban-suburban crime patterns consistent with a mid-sized college town.
Public schools in the area are primarily served by DeKalb Community Unit School District 428, which maintains a diverse student body and a range of academic programs. Performance ratings vary by individual school, with some institutions meeting state benchmarks while others face challenges in standardized testing outcomes.
The area is primarily at risk for severe thunderstorms and occasional high winds, with localized flood risks near the Kishwaukee River. Insurance premiums are generally stable but reflect the broader Midwestern risk profile for wind and hail damage.
Economic momentum is anchored by Northern Illinois University and a growing logistics and industrial sector along the I-88 corridor. Recent development has focused on expanding warehouse and distribution facilities to leverage regional transportation infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Commuters primarily utilize I-88 for access to the Chicago metropolitan area, though the drive is significant at over an hour. Local transit options are limited, making personal vehicle ownership essential for most residents.
The area features several local parks, the Kishwaukee River for outdoor activities, and proximity to NIU's athletic facilities. Shopping and dining are concentrated along the Lincoln Highway corridor.
The rental market is heavily influenced by the student population, leading to high demand and consistent turnover. Vacancy rates are generally low, and rent growth has been steady, supported by the university's presence.
The economy is driven by Northern Illinois University, healthcare services, and a growing logistics and manufacturing sector. The area serves as a regional employment center for DeKalb County.
Transportation is dominated by highway access via I-88 and IL-38. Public transit is limited to local bus services within the city and university campus.
Development is focused on industrial expansion and multi-family housing to support the growing workforce and student population.
The DeKalb County Assessment Office manages property valuations, with assessments typically updated annually to reflect market changes.
Parcels are subject to levies from DeKalb CUSD 428, Kishwaukee College, and various municipal and park districts.
Property insurance remains stable, though premiums are sensitive to regional weather patterns including severe storms and wind events.
Data retrieved from Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major regional anchor and cultural hub.
Provides local trails and recreational space.
Large community park with sports facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.