60176, Schiller Park, IL

The 60176 zip code of Schiller Park, Illinois has a population of about 25,000 people. The median household income in this zip code is about $75,000. The home equity and home prices in this zip code are both very high.

The average home value in the 60176 zip code is $315,000. The average home equity value in this zip code is $236,500. This means that the majority of homes in this zip code are worth more than their original purchase price. In addition, the average home price has increased by about 20% over the past five years. This indicates that there is a lot of demand for homes in this area and that there are a lot of potential buyers who are able to afford to buy homes here.

One reason why the home values have been increasing so much in the 60176 zip code is because there are a lot of new development projects underway here. These projects include new housing developments as well as commercial buildings. This influx of new residents and businesses has led to an increase in demand for homes and property values here.

Another reason why the home values have been increasing so much in the 60176 zip code is because there is a low supply of homes available for sale here. In addition, many homeowners who live in this area have decided to keep their homes rather than sell them off due to strong market conditions and rising prices. This means that there are not many available properties for people who want to buy a house here – which leads to higher prices overall