60165, Stone Park, IL

Stone Park, Illinois is located in the 60165 zip code. According to the 2010 census, the population of Stone Park was 12,872. The median household income in Stone Park was $85,527. Home prices in Stone Park have increased significantly over the past few years. As of September 2016, the median home price in Stone Park was $183,000. This represents a growth of 116% since September 2013.

The increase in home prices can be attributed to a number of factors. First and foremost, there is an abundance of available housing stock in Stone Park due to its low population density. Secondly, there has been an increase in demand for homes in Stone Park due to strong job growth rates and rising incomes across the area. Finally, developers have responded to increasing demand by building more homes on available land within Stone Park.

Despite the high home prices in Stone Park, many homeowners are still able to afford their homes thanks to strong equity levels within their properties. Homeowners who were able to purchase their homes at or near market value during the recent boom period are now seeing their property values rise even further as market conditions have normalized somewhat over recent months/years. This suggests that homeowners who are able to keep up with monthly mortgage payments and maintain a healthy level of equity within their properties will continue to see positive returns on their investment over time (assuming no major unforeseen events occur).