Skokie, IL Housing

The housing market in Skokie, IL is thriving. The median value for a house in Skokie is $343,600 which is slightly higher than the national average of $338,100. Over the past year, there has been a 8.63% appreciation rate in home values in Skokie compared to 8.27% nationally. This demonstrates that the housing market in Skokie is strong and prosperous and is a great place to invest in real estate.

The median home cost in Skokie is $343,600. Home appreciation the last 10 years has been 54.5%. Home Appreciation in Skokie is up 14.3%.

Average Age of Homes

- The median age of Skokie real estate is 60 years old

The Rental Market in Skokie

- Renters make up 24.9% of the Skokie population
- 1.5% of houses and apartments in Skokie, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Skokie, Illinois	United States
	25,419.0	139,647,020.0
	63	42
	$343,600	$338,100
	14.3%	16.6%
	31.4%	57.0%
	54.5%	101.1%
	$22.95	$10.98
	$7,686	$2,690
	68.5%	57.4%
	5.3%	11.2%
	26.2%	31.4%
Vacant Housing
	1.5%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.9%	2.4%
	0.5%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	3.7%	11.3%
	6.9%	13.0%
	24.9%	20.1%
	34.6%	13.6%
	14.1%	8.3%
	9.4%	9.7%
	2.5%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	3.4%	13.6%
	2.9%	13.2%
	10.8%	14.8%
	3.4%	13.6%
	40.9%	10.0%
	11.9%	4.7%
	7.3%	12.2%