The story of this market
The typical home in ZIP 60420 sells for about $210,212, or $175 per square foot.
Prices are up +10.5% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $997 a month.
ZIP 60420 — Dwight
The 60420 market in Dwight, IL, is characterized by low entry prices and limited inventory. While home values have shown year-over-year growth, the area faces economic pressures that necessitate active management for real estate operators.
This area is best suited for active operators rather than passive investors, as entry prices are low but management requirements are significant.
Median prices moved up 10.5% year over year.
Homes spend a median of 37 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 9.7% — a stable, low-distress profile.
ZCTA 60420
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
The market requires careful underwriting due to observed rent delinquency patterns and economic pressure.
Data retrieved from Census Reporter profile for ZCTA 60420.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.