Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

East Dundee

Learn about the people, housing, costs and businesses in East Dundee, Illinois

Median Home$296,671
Median Rent$1,260/month
Population2,939
Leading IndustriesEducation · Healthcare · Public Administration5% education
Home Value Growth⬆⬆+11.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners64% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
East Dundee
IL

Frequently Asked Questions

What are today's mortgage rates in East Dundee?

As of today, the 30-year fixed mortgage rate for East Dundee is approximately 6.977% (6.986% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for East Dundee
What is the median home price in East Dundee?

The median home value in East Dundee is $297k. The median monthly rent is $1,260. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Dundee?

Home values in East Dundee have increased 11.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in East Dundee?

Based on a typical all-in ownership cost of $1,551/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Dundee is $75k/year.

Calculate your buying power
What industries drive the economy in East Dundee?

The largest employment sectors in East Dundee are public administration (28%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.