The story of this market
The typical home in ZIP 60935 sells for about $170,000, or $105 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,143 a month.
ZIP 60935 — Essex
The housing market in 60935 is characterized by low inventory and stable, modest price growth consistent with rural Illinois trends. Demand remains steady among local buyers, though the lack of new construction and limited regional economic growth keeps the market in a balanced, slow-moving state.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle, affordability, and space, rather than those requiring proximity to urban amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 3.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 60935, Iroquois County IL
Crime rates in this rural Iroquois County area remain low compared to regional urban centers, with property crime being the primary concern.
Schools serving the area are generally characterized by small class sizes and community-focused programming, though they face challenges with limited extracurricular resources.
The area is primarily at risk for wind and severe thunderstorm damage, with standard flood risks associated with local agricultural drainage patterns.
Economic momentum is driven by the agricultural sector and regional logistics, with limited new residential development activity.
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.
Commutes are primarily car-dependent, with residents traveling to regional employment hubs in Kankakee or Champaign via state highways.
Recreation is centered on local parks and rural outdoor activities, with limited commercial shopping and dining options within a 3-mile radius.
The rental market is characterized by low turnover and limited inventory, with most rentals consisting of single-family homes.
The economy is heavily reliant on agriculture, agribusiness, and regional logistics services.
Transportation is dominated by private vehicle use on state and county road networks, with no significant public transit infrastructure.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP.
The Iroquois County Assessor manages property valuations based on market-value assessments of agricultural and residential parcels.
Parcels are subject to local school district taxes and county-level levies for emergency services and road maintenance.
Property insurance premiums are stable but reflect the regional risk of severe weather events common to the Illinois plains.
Net domestic migration in the region has been largely stagnant, with a slight trend of out-migration to larger metro areas.
Illinois is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential real property disclosure report detailing known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides extensive outdoor recreation and hunting opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.