Zip 60438 (Lansing, IL) Housing

Housing in Lansing, IL (zip code 60438) is comparatively cheaper than the US median house value. The median house value in Lansing is $184,000 while the US median house value is $338,100. In addition to being more affordable, there appears to be higher appreciation for housing in Lansing with an estimated 9.35% appreciation over the last year versus 8.27% nationally. This suggests that investing in a home in this neighborhood could be a good opportunity with potential for good returns.

The median home cost in Lansing (zip 60438) is $184,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Lansing (zip 60438) is up 13.7%.

Average Age of Homes

- The median age of Lansing (zip 60438) real estate is 51 years old

The Rental Market in Lansing (zip 60438)

- Renters make up 26.2% of the Lansing (zip 60438) population
- 2.2% of houses and apartments in Lansing (zip 60438), 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	Lansing, Illinois	United States
	12,317.0	139,647,020.0
	55	42
	$184,000	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$4,433	$2,690
	63.8%	57.4%
	8.2%	11.2%
	28.0%	31.4%
Vacant Housing
	2.2%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.6%	2.4%
	2.8%	2.8%
	5.6%	3.9%
	10.2%	4.5%
	39.0%	11.3%
	23.9%	13.0%
	11.1%	20.1%
	2.3%	13.6%
	0.5%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.1%	13.6%
	1.1%	13.6%
	6.0%	13.6%
	6.8%	13.2%
	26.1%	14.8%
	6.0%	13.6%
	24.1%	10.0%
	4.9%	4.7%
	10.1%	12.2%

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