60559, Westmont, IL

The Westmont zip code of 60559 has a population of around 10,000 people. The median household income in this zip code is $101,000, and the median home value is $399,000. This means that the home equity in this zip code is around $381,000.

There are a number of factors that affect home equity values. These include interest rates, inflation rates, market conditions, and the amount of down payment that a homeowner requires. Generally speaking, homeowners in Westmont who have low mortgage payments and high home values tend to have more equity in their homes than homeowners who have higher mortgage payments but lower home values.

Westmont has seen relatively stable prices over the past few years. This is likely due to strong market conditions and low interest rates. In fact, according to Zillow’s Home Value Index for ZIP Codes within 50 miles of Chicago (ZIP Code 60559 included), Westmont’s current Zillow Home Value Index score is at 97 out of 100 – which indicates that homes in this ZIP Code are worth an average of $397K as of January 2019.