Lotvox market story

ZIP 60089

Lake County, IL

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$448,137
12-month change
+5.8%
Months of supply
2.3

This week since 2026-10-08: Months of supply 2.3 (was 2.2) · Payment share of income 22.9% (was 22.7%)

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Who's going to sell in 60089 this year?

Lotvox Turnover Index

Ranking every home in 60089 by how likely it is to sell

Lotvox Turnover Index
Not yet live
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index isn't offered for 60089 yet.

Where

60089 in Lake County, IL

60002 · $358,84560015 · $734,72860020 · $267,66160030 · $359,87460031 · $380,03360035 · $807,45560040 · $501,17860041 · $310,97060042 · $308,82360044 · $668,11760045 · $1,214,51860046 · $363,87660047 · $671,46560048 · $639,55360060 · $393,62160061 · $460,75660064 · $225,87160069 · $706,43060073 · $282,31160075 · no value published60083 · $392,39560084 · $367,31260085 · $240,03860087 · $269,67260088 · no value published60089 · $448,13760096 · $311,60460099 · $270,438 60089
$226K$1.2M typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

60089 is one of 28 ZIP codes that lie mostly in Lake County, IL — 78% of its own area is in the county.

Shaded by typical home value, it ranks 10 of the 26 with a value.

Value rank in county
10 of 26

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 60089

12 school locations in 60089: 8 elementary, 3 middle, 1 high.

In alphabetical order: Aptakisic Junior High School, Buffalo Grove High School, Cooper Middle School, Earl Pritchett School, and more on the ZIP page. Locations only — no ratings are shown here.

School locations
12

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 60089

$0$200K$400K$600K200020052010201520202025Peak August 2026 · $448,137Latest · $448,137
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 60089 was worth $193,831.

Values peaked at $448,137 in August 2026. The latest reading is the peak.

As of August 2026: $448,137, +5.8% over twelve months.

Typical home value
$448,137
12-month change
+5.8%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$448,137
Loan at 20% down
$358,510
30-year fixed rate
7.40%
Monthly principal + interest
$2,482
Median household income, per month
$10,828
Share of income
22.9%
0%30%60%
At today's rate, by home value, 2000–2026: 9.9% → 22.9%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $448,137. Put 20% down and borrow $358,510 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,482 a month in principal and interest.

The median household here earns $129,932 a year, $10,828 a month. So the payment takes 22.9% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.9% in 2000.

Payment share of income
22.9%
Monthly P&I
$2,482

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$1K$2K$3K2000200520102015202020252.68% rate · $9926.67% rate · $2,306
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,161.

In December 2020, with rates at 2.68%, it was $992.

By August 2026, at 6.67%, it was $2,306 — +132% since December 2020, while the home's value moved +46%.

Payment change since 2020
+132%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$200K$400K$600K200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +131% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $382,545. So the real change is +17%, not +131%.

Real change since 2000
+17%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

60089 against its neighbors

50100150200250200020052010201520202025
60089 (2000 = 100)Lake County (2000 = 100)Illinois (2000 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

60089: +131% since January 2000.

Lake County: +119% since January 2000.

Illinois: +128% since January 2000 — 60089 ran ahead of it by 3 points.

Change since 2000
+131%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

60089 among Illinois ZIPs

Affordability — price vs local income
21st pct
Appreciation — recent value growth
50th pct
Rental yield — rent vs price
55th pct
Source: Zillow (ZHVI) · Census ACS · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Against 1,303 Illinois ZIP codes, 60089 sits at the 21st percentile for affordability (price vs local income).

50th for appreciation (recent value growth); 55th for rental yield (rent vs price).

Affordability percentile
21st

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$2,930
principal + interest $2,482 · taxes & insurance est. $448
Rent: typical rent (ZORI)
$2,383
Price-to-rent ratio
15.7
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $2,930 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,383 a month.

Price divided by a year's rent: 15.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
15.7

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo2.3 mo2.3 months of supplyNet +14 / month · inventory growing
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 75 a month (Redfin, 3-month rolling data through August 2026). That is 75% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 140. That is 52% of the 2015–2019 level for the same months.

Going out — closed sales: about 62 a month. That is 62% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.3 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 14 more homes came on than sold each month, so inventory is growing. The basin is filling.

Months of supply
2.3

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

05010015020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 62 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 71 — so sales ran at 87% of it, and below it in 21 of the last 24 months.

Sales vs 2015–19 level
87%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

05001,0001,5002,0002022957202381920241,04220251,468
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Lake County, builders pulled permits for 1,468 new homes in 2025.

Of those, 39% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
1,468

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

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Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
9,422
Moved out (top-10 destination counties)
9,117
Net households
+305
Top origins
Cook, IL6,447
McHenry, IL944
DuPage, IL523
Top destinations
Cook, IL4,959
McHenry, IL1,276
Kenosha, WI984
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Lake County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 9,422 moved in. Among the ten receiving the most, 9,117 moved out.

Net across those counties: +305 households. Beside it, homes for sale in this ZIP: 140 in June 2026.

Most arrivals came from Cook, IL (6,447 households); most departures went to Cook, IL (4,959).

Net households (top-10 flows)
+305

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

County records

On the county rolls

Properties on the assessor roll
9,234
Average assessor market value
$310,000
Typical home value (ZHVI)
$448,137
Assessor vs market
−30.8%
Source: County records · Zillow (ZHVI) · LotvoxSource: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

County assessor records list 9,234 properties with a market value here. Their average assessed market value is $310,000; the typical home value is $448,137.

The assessor average sits −30.8% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Properties on the roll
9,234

Source: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 60089 with 60060The same story, side by side. An agent?See where the index is livethe farm territory and this page's sponsor spot.

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