Gifford Park, Elgin, IL
Gifford Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Gifford Park, Elgin, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Gifford Park Neighborhood Overview
Gifford Park is a residential neighborhood in Elgin, Illinois, located within the 60120 ZIP code. It offers a quiet, community-focused atmosphere with convenient access to the amenities of a larger city. The area is characterized by a mix of classic single-family homes and well-maintained local parks.
Lifestyle & Amenities
Residents enjoy a suburban lifestyle with nearby access to essential shopping and dining options along Randall Road. The neighborhood's namesake park provides green space for recreation and community gatherings. Its location balances residential tranquility with the commercial conveniences of the greater Elgin area.
Real Estate Market
The real estate market in Gifford Park features a median home value of $214,700 according to recent Census data. Current market metrics show an asking price per square foot of approximately $187.87, indicating a stable and active housing environment for buyers and sellers.
Schools & Education
Families in Gifford Park are served by School District U-46, one of the largest districts in Illinois. The neighborhood's location provides access to a variety of public school options. Higher education opportunities are available at nearby Elgin Community College and other institutions in the region.
Transportation & Connectivity
The neighborhood is conveniently accessed via major routes like Route 31 and Interstate 90, facilitating commutes to Chicago and other suburbs. Public transportation options are available through the Pace bus system. Its connectivity is a key feature for residents who work throughout the metropolitan area.
Why Choose Gifford Park
Gifford Park appeals to those seeking an affordable, established community with a median household income of $78,360. It offers a classic suburban living experience with strong transportation links. The neighborhood represents a value-conscious choice within the Elgin housing market.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Gifford Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $215K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $78K |
| Homeownership Rate | 65.3% |
| Renter-Occupied | 34.6% |
| Rental Vacancy Rate | 1.9% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60120 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Gifford Park, Elgin
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Gifford Park, Elgin, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12