Zip Code:

60005, Arlington Heights, IL

60005 is a Illinois Zip code within the city of Arlington Heights and the county of Cook County. Its population is roughly 30,079.

The Real Estate Market in Arlington Heights, IL

Arlington Heights is a suburb of Chicago, located in Cook County. As of the 2010 census, the population was 34,814. The median household income was $101,898. Home prices in Arlington Heights have increased significantly over the past decade and are now among the highest in Illinois.

As of March 2016, there were an estimated 2,906 homes for sale in Arlington Heights and an average list price of $547,000. The median home value is $512,500. The average home equity loan-to-value ratio is 97%.

The following table provides a summary of home equity and home prices in Arlington Heights over the past 10 years:

As you can see from the table above, home values have increased significantly over the past decade in Arlington Heights. This has led to an increase in homeownership rates as well as home equity loans/loans-to-value ratios. It's important to note that while this may be good news for some people – especially those who are able to get mortgages with high loan-to-value ratios – it can also lead to problems if someone doesn't have enough money available to pay off their mortgage when it comes due or if they lose their job or experience other financial difficulties.

Price Index: Albany-Lebanon, OR

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