Zip lookup · IL

60556
Waterman, Illinois.

Waterman, DeKalb County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 2,138

What it costs per month · 60556 $1,554/mo

to buy the typical home at today's mortgage rate — +$896 (+136%) since Jan 2020.

What the home itself did
1 year
Up $18,778 +7%
$277,315$296,093 since Sep 2025
5 years
Up $86,962 +42%
$209,131$296,093 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 60556 $1,554 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60556$1,554
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in zip 60556 rose 6.8% over the past year — faster than the nation's +1.2%.

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

Typical home value $296,093 as of Sep 2026
+6.8%year on year

Typical home value — 60556

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 60556 $296,093 Chicago $355,650 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 60556$296,093
  • Chicago$355,650
  • United States$366,157

Within 20 miles

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
5.4 60550 Shabbona 941 — $278,366
6.1 60520 Hinckley 2,979 — $331,318
8.0 60552 Somonauk 4,285 — $325,587
9.4 60115 Dekalb 42,536 $1,320 $260,547
9.8 60530 Lee 992 — $264,578
10.3 60531 Leland 1,885 — $279,381
10.8 60548 Sandwich 11,721 $1,098 $322,871
11.2 60511 Big Rock 2,081 — $416,239
11.8 60112 Cortland 4,621 — $296,334
12.3 60150 Malta 1,738 — $276,503
12.4 61353 Paw Paw 1,282 — $237,989
13.7 60545 Plano 14,392 — $310,622
13.7 60553 Steward 722 — $283,513
13.7 60518 Earlville 3,289 — $246,360
15.0 60151 Maple Park 3,888 — $410,377
15.1 60113 Creston 306 — $227,222
16.2 61318 Compton 595 — $202,001
16.3 60554 Sugar Grove 12,081 — $463,992
16.6 60537 Millington 726 — $289,245
16.7 60119 Elburn 11,381 $3,275 $478,223
17.0 60111 Clare 257 — $415,905
17.2 60551 Sheridan 5,058 — $301,782
17.5 60178 Sycamore 22,224 $1,811 $316,969
17.8 60512 Bristol 1,090 — $396,271
19.0 60549 Serena 784 — $317,617
19.7 61068 Rochelle 14,788 $938 $216,832
20.0 61378 West Brooklyn 513 — $286,306

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