60126, Elmhurst, IL

The Elmhurst, IL 60126 zip code has a population of about 97,000 people and an average home value of $269,900. The median home value in the 60126 zip code is $236,500 which is lower than the Illinois median home value of $309,200. The 60126 zip code has a lower home equity percentage than the Illinois median home equity percentage of 59%.

There are several factors that could contribute to the lower home equity percentage in the 60126 zip code. One reason could be that there are more homes that are worth less than their original purchase price in the 60126 zip code. Additionally, there may be fewer homeowners who have taken advantage of available refinancing opportunities or who have taken out mortgages with low interest rates. Finally, it is possible that some homeowners in the 60126 zip code have chosen not to sell their homes for fear of losing money on them.

Despite these factors, it is still important to keep in mind that Elmhurst, IL 60126 residents have access to a wide variety of financial products and services to help them improve their overall financial situation. These products and services include access to credit counseling and debt management programs as well as mortgage loans from various lenders.