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Sarah Mitchell
Compass Real Estate · ZIP 60120
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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60120 ZIP Code Housing Market
$308,500median sale price
What is the 60120 housing market like right now?
The median home sale price in ZIP code 60120 is $308,500, up 1.1% year-over-year. Homes sell in an average of 43 days with 83 active listings. The market is currently a balanced market. (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 60120 ZIP code a buyer's or seller's market?
ZIP code 60120 is currently a balanced market and homes selling in about 43 days. How we determine this →
What are the latest 60120 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $308,500 |
| Median list price | $314,850 |
| Year-over-year price change | +1.1% |
| Average days on market | 43 days |
| Active inventory | 83 listings |
| Sale-to-list price ratio | 100.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 60120 zip code, located in Streamwood, IL, is currently classified as a balanced market. The median sale price stands at $308,500, representing a +1.1% change year over year. Homes in this area spend an average of 43 days on the market before going under contract. There are currently 83 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 60120 sits in the Streamwood, IL area, roughly 3.3 miles from downtown Streamwood. Because home prices are set street by street, this ZIP can move differently from Streamwood's citywide averages. The figures below reflect 60120 specifically — drawn from Redfin transactions, U.S. Census data for its 51,225 residents, and Zillow value estimates.
Homes sold
80
Last 12 weeks
Days on market
43
Average pace
Active listings
83
Sale-to-list
100.7%
Above asking
What is driving the 60120 housing market?
The 60120 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 60120 have increased +1.1% 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 60120 stands at $308,923, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,622 per month. This gives a price-to-rent ratio of approximately 15.9, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 60120?
Population
51,225
Median income
$82,449/yr
Median age
34.5 years
Owner-occupied
65.7%
College grads
20.5%
Avg commute
37.83 min
What is it like living in 60120?
Zip code 60120 is home to approximately 51,225 residents. The median household income is $82,449 per year, which shapes the types of homes and amenities available in the area. With a median age of 34.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 65.7% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 20.5% 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 37.83 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. 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 60120.
Which public schools serve ZIP 60120?
16 schools tracked · 8,035 students
The largest public schools serving ZIP code 60120 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.
Elgin High School
Grades 9-12 · 2,724 students
Lords Park Elem School
Grades PK-6 · 679 students
Coleman Elem School
Grades PK-6 · 655 students
Huff Elem School
Grades PK-6 · 595 students
Larsen Middle School
Grades 7-8 · 546 students
Channing Memorial Elem School
Grades PK-6 · 521 students
Ellis Middle School
Grades 7-8 · 505 students
Hilltop Elementary School
Grades PK-6 · 498 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 60120
What is the median home price in 60120?
The current median sale price in 60120 is $308,500, based on recent Redfin transaction data. Prices have changed +1.1% 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 60120 a buyer's or seller's market?
The 60120 zip code is currently classified as a balanced market. 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 60120?
Zip code 60120 has a population of approximately 51,225 residents. The median household income is $82,449 per year. About 65.7% 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 60120?
Properties Incorporated provides comprehensive data for 60120 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 60120 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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