The story of this market
The typical home in ZIP 60124 sells for about $510,000, or $201 per square foot.
Prices are up +4.1% from a year ago, so sellers still have some momentum. Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,495 a month.
ZIP 60124 — Elgin
The 60124 housing market is currently experiencing moderate activity with a median sale price of $510,000. Market data indicates a year-over-year price increase of 4.1% and a median time on market of 66 days. Several metrics, including specific tax rates, school ratings, and detailed development pipelines, are not currently published at the ZIP-code level.
Median prices moved up 4.1% year over year.
Homes spend a median of 66 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 60124
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.
Data retrieved from ZIP-Codes.com and Census ACS estimates.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.
- Santa’s Village Amusement & Water Park4.57 mi
- Slick City Action Park4.717.4 mi
- K1 Speed Addison4.319 mi
- The Water Works Indoor Water Park4.413.6 mi
- Funway4.415.1 mi
- Topgolf Schaumburg4.416.7 mi
- Medieval Times Dinner & Tournament4.715.7 mi
- Topgolf Naperville4.418.8 mi
- NOW Arena4.48.8 mi
- Cantigny Park4.817.6 mi
- AMC South Barrington 244.312.1 mi
- Santa’s Village Amusement & Water Park4.57 mi
- Main Event Hoffman Estates4.29 mi
- Classic Cinemas Charlestowne 18 XQ4.610.3 mi
- Pottawatomie Park4.89.4 mi
- NOW Arena4.48.8 mi
- Cantigny Park4.817.6 mi
- Illinois Railway Museum4.714.7 mi
- Blackberry Farm4.719.5 mi
- Vera Meineke Nature Center at Spring Valley4.817 mi
- Pottawatomie Park4.89.4 mi
- Elgin Sports Complex4.44.8 mi
- East Side Sports Complex4.411.6 mi
- Crystal Lake Main Beach4.513 mi
- James O. Breen Community Park4.59.5 mi
- Villa Olivia4.18.6 mi
- St. Andrews Golf and Country Club4.312.4 mi
- The Highlands of Elgin Golf Course4.54.4 mi
- Bartlett Hills Golf Club4.410.2 mi
- Prairie Landing Golf Club4.513 mi
- Goebbert's Farm - South Barrington4.311.2 mi
- Deli 4 You Market4.67.7 mi
- Mariano's4.312.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.