The story of this market
The typical home in ZIP 60116 sells for about $235,000, or $148 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 60116 — Carol Stream
The housing market in 60116 remains stable with modest year-over-year price growth and low inventory levels. Demand is supported by local families, though the limited supply of active listings keeps the market competitive. Current conditions reflect a balanced environment for both buyers and sellers.
This ZIP is well-suited for families and long-term residents seeking a quiet, suburban environment with stable housing costs. It is less ideal for those requiring immediate access to high-density urban transit or a wide array of walkable amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 4.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 5.2% — 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 4.0%/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 4.4%/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 60116, DeKalb County IL
Crime rates in the area remain low relative to the broader regional average, with property crime being the primary reported concern. Local law enforcement maintains a stable presence, and there are no significant upward trends in violent crime reported.
The area is served by local public schools that generally maintain average to above-average performance ratings. Community feedback highlights strong parental involvement and stable academic outcomes.
The geography faces moderate risk from severe thunderstorms and occasional high winds, typical for the region. Flood risk is generally low, though localized drainage issues can occur during extreme precipitation events.
Economic momentum is driven by proximity to regional manufacturing and logistics hubs. Infrastructure development is focused on maintaining existing transit corridors, with limited new large-scale commercial construction currently underway.
Property taxes are assessed at the county level based on fair market value, with rates reflecting local school district and municipal levies. Homeowners may qualify for standard homestead exemptions provided under state law.
Residents primarily rely on personal vehicles for commuting to nearby employment centers, with average drive times ranging from 30 to 45 minutes. Public transit options are limited, necessitating a car-dependent lifestyle.
The area features several local parks and green spaces suitable for outdoor activities. Shopping and dining options are concentrated in nearby commercial corridors within a short driving distance.
The rental market is characterized by low turnover and stable demand, primarily driven by long-term residents. Vacancy pressure remains low, and there is minimal presence of short-term vacation rentals.
The local economy is supported by a mix of small businesses, agricultural services, and proximity to larger regional employment hubs in DeKalb County. Economic stability is bolstered by a diverse local workforce.
Transportation is primarily highway-based, with access to regional routes facilitating commutes to nearby cities. Public transit infrastructure is minimal, reflecting the area's rural-suburban character.
Development planning is focused on maintaining the current residential character with limited new commercial expansion. No major large-scale projects are currently under construction.
The DeKalb County Assessor's office manages property valuations, utilizing a mass appraisal system to determine fair market value for tax purposes.
Parcels are subject to local school district taxes and county-level levies for public services. No major MUD or special utility districts are currently impacting the area.
Property insurance premiums are stable, reflecting the area's moderate risk profile for weather-related events. Market health is considered standard for the region.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Slick City Action Park4.715.3 mi
- Santa’s Village Amusement & Water Park4.513.9 mi
- Dave & Buster's Rosemont4.313.4 mi
- Activate Games4.99.4 mi
- K1 Speed Addison4.33.9 mi
- Brookfield Zoo Chicago4.615.8 mi
- Allstate Arena4.313.3 mi
- Donald E. Stephens Convention Center4.513.9 mi
- Topgolf Schaumburg4.410.5 mi
- Medieval Times Dinner & Tournament4.710.3 mi
- The Morton Arboretum4.87.6 mi
- Medieval Times Dinner & Tournament4.710.3 mi
- AMC South Barrington 244.310.5 mi
- LEGOLAND Discovery Center Chicago3.99.4 mi
- AMC Streets of Woodfield 204.29.3 mi
- NOW Arena4.411.4 mi
- Cantigny Park4.85 mi
- DuPage Children's Museum4.49.9 mi
- Frank Lloyd Wright Home & Studio4.816.6 mi
- Kohl Children's Museum4.619.3 mi
- The Morton Arboretum4.87.6 mi
- Olympic Park4.68.3 mi
- Cantigny Park4.85 mi
- Lilacia Park4.85.7 mi
- White Pines Golf Club4.19 mi
- Topgolf Schaumburg4.410.5 mi
- Topgolf Naperville4.49 mi
- White Pines Golf Club4.19 mi
- Arrowhead Golf Club4.56.3 mi
- Villa Olivia4.18.2 mi
- Woodfield Mall4.59.7 mi
- Chicago Premium Outlets4.511.4 mi
- Oakbrook Center4.69.9 mi
- Fox Valley Mall4.312.1 mi
- Yorktown Center4.48 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local park offering green space and recreational facilities for residents.
Small-scale retail and dining options serving the immediate community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.