The housing market in Broadview, IL is currently performing well. The median value of housing in the area is $217,000, which is significantly lower than the US house median value of $338,100. The one-year appreciation rate for houses in Broadview is 9.73%, compared to 8.27% nationally. This indicates that the housing market in Broadview is outpacing the national average and that now could be a good time to invest in property in this area.
The median home cost in Broadview is $217,000. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Broadview is up 12.6%.
Average Age of Homes
- The median age of Broadview real estate is 63 years old
The Rental Market in Broadview
- Renters make up 35.5% of the Broadview population
- 1.6% of houses and apartments in Broadview, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.