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Sarah Mitchell
Compass Real Estate · ZIP 60085
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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60085 ZIP Code Housing Market
$247,500median sale price
What is the 60085 housing market like right now?
The median home sale price in ZIP code 60085 is $247,500, up 6.5% year-over-year. Homes sell in an average of 55 days with 80 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 60085 ZIP code a buyer's or seller's market?
ZIP code 60085 is currently a leaning buyer's and homes selling in about 55 days. How we determine this →
What are the latest 60085 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $247,500 |
| Median list price | $249,450 |
| Year-over-year price change | +6.5% |
| Average days on market | 55 days |
| Active inventory | 80 listings |
| Sale-to-list price ratio | 99.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 60085 zip code, located in Waukegan, IL, is currently classified as a leaning buyer's. The median sale price stands at $247,500, representing a +6.5% change year over year. Homes in this area spend an average of 55 days on the market before going under contract. There are currently 80 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 60085 sits in the Waukegan, IL area, roughly 1.1 miles from downtown Waukegan. Because home prices are set street by street, this ZIP can move differently from Waukegan's citywide averages. The figures below reflect 60085 specifically — drawn from Redfin transactions, U.S. Census data for its 72,341 residents, and Zillow value estimates.
Homes sold
68
Last 12 weeks
Days on market
55
Average pace
Active listings
80
Sale-to-list
99.3%
Below asking
Market trends
What is driving the 60085 housing market?
The 60085 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 99.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 60085 have increased +6.5% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 60085 stands at $238,311, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,682 per month. This gives a price-to-rent ratio of approximately 11.8, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 60085?
Population
72,341
Median income
$66,793/yr
Median age
34.6 years
Owner-occupied
48.2%
College grads
18.5%
Avg commute
32.07 min
What is it like living in 60085?
Zip code 60085 is home to approximately 72,341 residents. The median household income is $66,793 per year, which shapes the types of homes and amenities available in the area. With a median age of 34.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 48.2% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 18.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 32.07 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 60085.
Which public schools serve ZIP 60085?
16 schools tracked · 11,414 students
The largest public schools serving ZIP code 60085 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Waukegan High School
Grades 9-12 · 4,325 students
John R Lewis Middle School
Grades 6-8 · 762 students
Miguel Juarez Middle School
Grades 6-8 · 662 students
Glenwood Elementary School
Grades K-5 · 588 students
Robert E Abbott Middle School
Grades 6-8 · 585 students
Edith M Smith Middle School
Grades 6-8 · 489 students
Carman-Buckner Elem School
Grades PK-5 · 485 students
LEARN John Kathy Schreiber Chrtr
Grades K-8 · 476 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 60085
What is the median home price in 60085?
The current median sale price in 60085 is $247,500, based on recent Redfin transaction data. Prices have changed +6.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 60085 a buyer's or seller's market?
The 60085 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 60085?
Zip code 60085 has a population of approximately 72,341 residents. The median household income is $66,793 per year. About 48.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 60085?
Properties Incorporated provides comprehensive data for 60085 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 60085 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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