Zip lookup · IL

60421
Elwood, Illinois.

Elwood, Will County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 3,649

What it costs per month · 60421 $1,684/mo

to buy the typical home at today's mortgage rate — +$880 (+109%) since Jan 2020.

What the home itself did
1 year
Up $15,192 +5%
$305,690$320,882 since Sep 2025
5 years
Up $72,508 +29%
$248,374$320,882 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 60421 $1,684 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60421$1,684
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 60421 rose 5.0% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Elwood, IL — measured over the city limits, which is a different area from this zip.

Typical home value $320,882 as of Sep 2026
+5.0%year on year

Typical home value — 60421

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 60421 $320,882 Chicago $355,650 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 60421$320,882
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 41 zips in range — sorting picks from all 41.

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
5.9 60436 Joliet 19,423 $2,098 $227,031
6.7 60410 Channahon 14,239 — $387,325
6.7 60433 Joliet 16,382 $1,395 $211,926
6.8 60442 Manhattan 13,753 — $399,412
8.6 60481 Wilmington 11,195 — $273,460
9.5 60432 Joliet 20,465 — $208,488
9.5 60451 New Lenox 37,361 $2,549 $456,915
9.6 60435 Joliet 48,167 $1,526 $276,656
9.8 60404 Shorewood 20,385 — $416,478
10.5 60431 Joliet 27,138 $2,700 $354,149
11.1 60403 Crest Hill 18,371 $2,010 $282,628
11.8 60408 Braidwood 5,327 — $286,884
12.8 60416 Coal City 9,550 $1,350 $294,797
12.9 60441 Lockport 36,844 $2,192 $365,452
13.4 60447 Minooka 16,102 — $373,465
13.4 60586 Plainfield 47,834 $3,147 $392,406
13.5 60448 Mokena 24,405 — $451,800
13.8 60423 Frankfort 32,836 — $501,463
15.0 60491 Homer Glen 22,757 — $531,357
15.2 60950 Manteno 11,964 $1,380 $320,702
15.3 60407 Braceville 1,812 — $223,884
15.3 60468 Peotone 5,809 — $338,983
15.5 60446 Romeoville 41,672 $2,073 $323,035
15.7 60544 Plainfield 27,306 $2,595 $390,650
16.6 60449 Monee 9,477 — $353,905
16.7 60467 Orland Park 24,398 — $483,992
16.9 60935 Essex 1,259 — $289,970
17.1 60487 Tinley Park 26,043 $3,196 $398,088
18.0 60913 Bonfield 1,683 — $317,969
18.1 60450 Morris 20,783 $1,574 $314,542

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.