Berwyn, IL is an area with a consistently high housing median value. In comparison to the United States house median value of $338,100, Berwyn's median housing value comes in at $265,900. This is indicative of the strong and consistent real estate market in the area. Furthermore, the one year appreciation rate in Berwyn is 9.35%, which is higher than the US average of 8.27%. This points to an even more robust real estate market in Berwyn as people continue to buy and invest into local properties.
The median home cost in Berwyn is $265,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Berwyn is up 13.7%.
Average Age of Homes
- The median age of Berwyn real estate is 78 years old
The Rental Market in Berwyn
- Renters make up 35.6% of the Berwyn population
- 1.6% of houses and apartments in Berwyn, 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.