The story of this market
The typical home in ZIP 60474 sells for about $185,700, or $115 per square foot.
Prices are up +20% from a year ago, so sellers still have some momentum. Homes take about 115 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,358 a month.
ZIP 60474 — South Wilmington
The housing market in 60474 shows strong value growth of 20% over the last two years, supported by a high owner-occupancy rate. Market activity remains limited with low inventory, reflecting a stable but quiet residential environment.
This area is primarily suited for family buyers and homeowners, as evidenced by the high 78.3% owner-occupancy rate and the community's family-friendly profile.
Median prices moved up 20.0% year over year.
Homes spend a median of 115 days on market with 3.3 months of supply — a balanced-paced 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 4.2% · poverty 6.3% — a stable, low-distress profile.
ZCTA 60474
The local economy is anchored by information and media, wholesale trade, and retail sectors.
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 rental market is relatively small, with a 21.7% renter share and a median gross rent of $1,082 per month.
The local economy is driven by information and media, finance and insurance, and wholesale trade industries.
Data sourced from community profile and census-based aggregators.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.