The story of this market
The typical home in ZIP 60586 sells for about $409,000, or $175 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,257 a month.
ZIP 60586 — Plainfield
The housing market in 60586 remains stable with steady demand for single-family homes, supported by the area's strong school district and suburban appeal. While inventory is sufficient, the market continues to see competitive pricing for well-maintained properties. Overall, the outlook remains positive as the area continues to attract families and professionals.
This ZIP is ideal for families and commuters seeking suburban living with access to quality schools and modern amenities. It attracts those looking for a balance between relative affordability and proximity to the Chicago employment core.
Median prices moved up 2.5% year over year.
Homes spend a median of 22 days on market with 3.2 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 5.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 60586, Will County IL
The area generally reports low crime rates compared to the broader Chicago metropolitan region, with property crime being the primary concern. Local law enforcement maintains a stable presence, and residents typically perceive the community as safe.
Schools serving the area are primarily part of the Plainfield Community Consolidated School District 202, which is generally well-regarded for its academic performance and extracurricular offerings.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional high winds. Flood risk is generally low, though localized drainage issues can occur in specific subdivisions.
The area continues to experience steady residential growth, driven by its proximity to major employment hubs in the western Chicago suburbs. Infrastructure improvements are ongoing to support the increased population density.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Commuters primarily rely on personal vehicles to access major highways like I-55, with transit options including Metra rail service from nearby stations into downtown Chicago.
The area features numerous community parks, walking paths, and local forest preserves, with shopping and dining concentrated along the Route 59 corridor.
The rental market is characterized by moderate demand, with a mix of single-family home rentals and apartment complexes; vacancy rates remain low due to the area's popularity with families.
The local economy is supported by a mix of retail, healthcare, and professional services, with many residents commuting to larger employment centers in the Chicago metro area.
The area is served by a network of arterial roads and is within reach of Metra commuter rail lines, facilitating access to the broader region.
Development is focused on managed residential growth and the expansion of commercial services along major transit corridors.
The Will County Supervisor of Assessments oversees the valuation process, ensuring properties are assessed according to state-mandated cycles.
Parcels are subject to various special districts, including school districts, library districts, and park districts, which are reflected in the total property tax bill.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being essential for homeowners.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Extensive network of parks and recreational facilities.
Major retail and dining hub serving the local community.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).