60151, Maple Park, IL

The 60151 zip code of Maple Park, Illinois has a median home value of $183,000 and a median home equity value of $122,000. The average home size in the 60151 zip code is 2,898 square feet and the average number of bedrooms in the 60151 zip code is 3. The 60151 zip code has a population of about 10,000 people.

Maple Park is located in Cook County and has been designated as a census-designated place (CDP) since 2000. Maple Park's economy is based on retail sales and services, with concentrations in health care and professional services. The city's largest employers are Advocate Lutheran General Hospital (10%), Abbott Northwestern Hospital (9%), Presence Health System (8%) and Motorola Solutions Incorporated (6%). In addition to its large employer base, Maple Park also has a significant concentration of small businesses.

Home prices have increased significantly over the past decade in the 60151 zip code. In 2007, the median home value was $152,500; by 2017 that figure had increased to $183,000. Similarly, the median home equity value increased from $116,500 to $122,000 during this same time period. This increase can be attributed to several factors: an influx of new residents due to redevelopment projects within Maple Park; an increase in demand for housing due to increasing incomes; low interest rates that have made it more affordable for buyers to purchase homes; and limited supply relative to demand within the market area. As long as these factors continue to support higher home values and home equity values within the 60151 zip code area there is likely no end in sight for this trend!