The story of this market
The typical home in ZIP 60123 sells for about $299,000, or $199 per square foot.
Prices are up +4% from a year ago, so sellers still have some momentum. Homes take about 61 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,292 a month.
ZIP 60123 — Elgin
The 60123 housing market is currently a seller-favored environment with limited inventory driving prices upward. While demand remains steady, buyers are facing competitive conditions similar to previous peak years, though affordability remains supported by a strong local median income.
This ZIP is well-suited for family buyers and commuters seeking a balance between suburban affordability and access to the Chicago metropolitan area.
Median prices moved up 4.0% year over year.
Homes spend a median of 61 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 9.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 60123, Kane County IL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Elgin Area School District U-46, which provides a range of public educational options for the community.
The area benefits from proximity to major regional employers in the Chicago suburbs and ongoing residential development in the Elgin corridor.
Property taxes are assessed at the county level in Kane County, with rates determined by local municipal, school, and special district levies.
Residents typically commute via the I-90 corridor toward the Chicago employment core, with access to Metra commuter rail services in nearby Elgin.
The area features access to local parks, the Fox River trail system, and various shopping and dining districts within the city of Elgin.
The rental market is characterized by moderate demand with a price-to-rent ratio of approximately 15.5, making renting a viable alternative to purchasing.
The local economy is anchored by healthcare, manufacturing, and retail sectors, with significant employment provided by regional hospital systems.
The area is served by major highway corridors including I-90 and proximity to Metra rail lines connecting to downtown Chicago.
Ongoing residential and mixed-use development projects are active within the Elgin city limits.
Parcels are subject to levies from Elgin Area School District U-46 and various municipal and county special districts.
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.
- Santa’s Village Amusement & Water Park4.54.7 mi
- Slick City Action Park4.716.8 mi
- K1 Speed Addison4.315.5 mi
- The Water Works Indoor Water Park4.410.1 mi
- Safari Land4.218.7 mi
- Topgolf Schaumburg4.413.4 mi
- Medieval Times Dinner & Tournament4.712.4 mi
- Topgolf Naperville4.416.7 mi
- NOW Arena4.45.7 mi
- Cantigny Park4.814.9 mi
- Medieval Times Dinner & Tournament4.712.4 mi
- AMC South Barrington 244.38.8 mi
- Santa’s Village Amusement & Water Park4.54.7 mi
- Main Event Hoffman Estates4.25.9 mi
- The Water Works Indoor Water Park4.410.1 mi
- NOW Arena4.45.7 mi
- Cantigny Park4.814.9 mi
- Illinois Railway Museum4.717.3 mi
- DuPage Children's Museum4.419.8 mi
- Blackberry Farm4.719.2 mi
- Pottawatomie Park4.88 mi
- Elgin Sports Complex4.41.4 mi
- East Side Sports Complex4.49.6 mi
- Mallard Lake Forest Preserve4.711.1 mi
- McCaslin Park4.611.6 mi
- Villa Olivia4.15.1 mi
- St. Andrews Golf and Country Club4.39.6 mi
- Makray Memorial Golf Club4.512.9 mi
- The Highlands of Elgin Golf Course4.51.3 mi
- Highland Woods Golf Course4.112.1 mi
- Goebbert's Farm - South Barrington4.37.9 mi
- Deli 4 You Market4.512 mi
- T.J. Maxx4.311.9 mi
- Deli 4 You Market4.68.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Level II Trauma Center serving the region.
Level II Trauma Center serving the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.