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Homewood village, IL

ZIP 60430 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60430

Median Home Value
$209,100
Median Rent
$1,238
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,343/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60430 in Homewood village, IL, a household would need roughly $58,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,343. That sits below the local median household income ($91,402), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
79.6%+22% vs US avg
x
Vacancy Rate
4.7%-54% vs US avg
x
Broadband Access
94.7%+9% vs US avg
x
4+ Bedrooms
3.0%-79% vs US avg
x
Built Pre-1939
5.3%-59% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
19.8%-60% vs US avg
x
Mortgage-Free
40.4%+6% vs US avg
x
$209,100
Home Value
$1,238
Rent
1962
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.0%
  • 1-unit attached1.1%
  • 2-9 units10.1%
  • 10+ units9.3%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$209,100
Median rent$1,238
Owner-occupied79.6%
Vacant4.7%
Price-to-income2.3x
Est. income to buy$58,000