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.