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Homer Glen village, IL

ZIP 60491 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60491

Median Home Value
$404,800
Median Rent
$1,489
Affordability Snapshot
$111,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,600/mo PITI).

13%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.7 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 60491 in Homer Glen village, IL, a household would need roughly $111,000 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 $2,600. That sits below the local median household income ($132,788), 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
93.2%+43% vs US avg
x
Vacancy Rate
4.0%-61% vs US avg
x
Broadband Access
94.2%+8% vs US avg
x
4+ Bedrooms
9.2%-38% vs US avg
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
34.3%-31% vs US avg
x
Mortgage-Free
36.1%-5% vs US avg
x
$404,800
Home Value
$1,489
Rent
1989
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached89.2%
  • 1-unit attached4.8%
  • 2-9 units1.6%
  • 10+ units4.2%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$404,800
Median rent$1,489
Owner-occupied93.2%
Vacant4.0%
Price-to-income3.0x
Est. income to buy$111,000