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Sarah Mitchell
Compass Real Estate · ZIP 60187
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60187 ZIP Code Housing Market
$537,500median sale price
What is the 60187 housing market like right now?
The median home sale price in ZIP code 60187 is $537,500, up 15.6% year-over-year. Homes sell in an average of 38 days with 56 active listings. The market is currently a seller's 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 60187 ZIP code a buyer's or seller's market?
ZIP code 60187 is currently a seller's market and homes selling in about 38 days. How we determine this →
What are the latest 60187 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $537,500 |
| Median list price | $599,988 |
| Year-over-year price change | +15.6% |
| Average days on market | 38 days |
| Active inventory | 56 listings |
| Sale-to-list price ratio | 103.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The 60187 zip code, located in Wheaton, IL, is currently classified as a seller's market. The median sale price stands at $537,500, representing a +15.6% change year over year. Homes in this area spend an average of 38 days on the market before going under contract. There are currently 56 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 60187 sits in the Wheaton, IL area, roughly 1.1 miles from downtown Wheaton. Because home prices are set street by street, this ZIP can move differently from Wheaton's citywide averages. The figures below reflect 60187 specifically — drawn from Redfin transactions, U.S. Census data for its 28,815 residents, and Zillow value estimates.
Homes sold
70
Last 12 weeks
Days on market
38
Average pace
Active listings
56
Sale-to-list
103.4%
Above asking
What is driving the 60187 housing market?
The 60187 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 103.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 60187 have increased +15.6% 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 60187 stands at $515,529, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,996 per month. This gives a price-to-rent ratio of approximately 21.5, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 60187?
Population
28,815
Median income
$119,769/yr
Median age
34.2 years
Owner-occupied
69.2%
College grads
62.3%
Avg commute
26.68 min
What is it like living in 60187?
Zip code 60187 is home to approximately 28,815 residents. The median household income is $119,769 per year, which shapes the types of homes and amenities available in the area. With a median age of 34.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 69.2% 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 62.3% 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 26.68 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 60187.
Which public schools serve ZIP 60187?
10 schools tracked · 5,259 students
The largest public schools serving ZIP code 60187 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.
Wheaton North High School
Grades 9-12 · 1,872 students
Monroe Middle School
Grades 6-8 · 692 students
Franklin Middle School
Grades 6-8 · 538 students
Carl Sandburg Elem School
Grades K-5 · 402 students
Washington Elementary School
Grades K-5 · 393 students
Longfellow Elem School
Grades K-5 · 330 students
Jefferson Early Childhood Center
Grades PK · 306 students
Emerson Elem School
Grades K-5 · 284 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 60187
What is the median home price in 60187?
The current median sale price in 60187 is $537,500, based on recent Redfin transaction data. Prices have changed +15.6% 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 60187 a buyer's or seller's market?
The 60187 zip code is currently classified as a seller's 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 60187?
Zip code 60187 has a population of approximately 28,815 residents. The median household income is $119,769 per year. About 69.2% 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 60187?
Properties Incorporated provides comprehensive data for 60187 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 60187 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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