The story of this market
The typical home in ZIP 60118 sells for about $396,990, or $225 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 60118 — Dundee (East Dundee / West Dundee)
The 60118 housing market remains stable with moderate price appreciation and consistent demand for single-family homes. Low inventory levels continue to support pricing, though buyers are increasingly sensitive to interest rate fluctuations. The area's appeal as a suburban residential hub remains a primary driver of market activity.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with access to outdoor recreation and proximity to major employment centers in the northwest suburbs.
Median prices moved up 3.5% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
12% 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 3.8% · poverty 4.5% — a stable, low-distress 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 6.7%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 60118, Kane County IL
The area generally experiences lower crime rates compared to the broader Chicago metropolitan region, with property crime being the primary concern.
Schools serving the area are part of Community Unit School District 300, which maintains a diverse range of academic and extracurricular programs.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional flooding near the Fox River corridor.
Economic momentum is driven by proximity to the Elgin employment hub and ongoing residential development in the Dundee Township area.
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.
Residents primarily commute via I-90 or local arterial roads toward Elgin, Schaumburg, and the greater Chicago employment core.
The area features extensive access to the Fox River Trail, local forest preserves, and proximity to downtown Dundee's shopping and dining districts.
The rental market is characterized by steady demand and low vacancy rates, with a mix of apartment complexes and single-family home rentals.
The local economy is anchored by manufacturing, healthcare, and retail sectors, with significant employment opportunities in nearby Elgin and Schaumburg.
Transportation is heavily reliant on personal vehicles, with access to I-90 and Metra commuter rail stations in neighboring communities.
Development is focused on residential infill and the revitalization of the riverfront areas in the Dundee municipalities.
Kane County assessments are conducted annually to ensure property values reflect current market conditions.
Parcels are subject to Community Unit School District 300, Kane County Forest Preserve, and various local municipal utility districts.
Property insurance premiums are influenced by regional weather patterns and the proximity to the Fox River flood zone.
Data retrieved from data.census.gov ZCTA 60118 profile.
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. Source: NCES EDGE public school locations 2023-24.
- Santa’s Village Amusement & Water Park4.52.8 mi
- K1 Speed Addison4.317.8 mi
- The Water Works Indoor Water Park4.410.9 mi
- K1 Speed Buffalo Grove4.419.7 mi
- Funway4.417.9 mi
- Topgolf Schaumburg4.413.4 mi
- Medieval Times Dinner & Tournament4.712.4 mi
- NOW Arena4.45.5 mi
- Cantigny Park4.818.5 mi
- LEGOLAND Discovery Center Chicago3.914.9 mi
- Medieval Times Dinner & Tournament4.712.4 mi
- AMC South Barrington 244.38.7 mi
- Santa’s Village Amusement & Water Park4.52.8 mi
- Main Event Hoffman Estates4.25.7 mi
- The Water Works Indoor Water Park4.410.9 mi
- NOW Arena4.45.5 mi
- Volo Museum4.717.6 mi
- Cantigny Park4.818.5 mi
- Illinois Railway Museum4.714.4 mi
- Jurassic Gardens4.517.6 mi
- Lippold Park4.510.6 mi
- Pottawatomie Park4.812.1 mi
- Elgin Sports Complex4.45.2 mi
- Crystal Lake Main Beach4.59.6 mi
- Paulus Park4.712.6 mi
- Fox 14 Marina4.55.5 mi
- Villa Olivia4.17.5 mi
- Makray Memorial Golf Club4.511.1 mi
- The Highlands of Elgin Golf Course4.55.3 mi
- Highland Woods Golf Course4.111.9 mi
- Bridges of Poplar Creek Country Club4.39.6 mi
- Goebbert's Farm - South Barrington4.37.8 mi
- T.J. Maxx4.312.3 mi
- Deli 4 You Market4.64.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional trail system providing extensive biking and walking paths along the river.
Manages numerous local parks, sports fields, and community facilities.
A historic district featuring local boutiques, restaurants, and seasonal community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.