Mundelein, IL Housing


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Mundelein, IL is a great place for housing with a median value of $299,000. This is significantly lower than the US House Median Value of $338,100, making it a very affordable option. Furthermore, the 1 year house appreciation rate in Mundelein, IL is 8.83%, which is higher than the US House Appreciation rate of 8.27%. This indicates that there are great opportunities for investment and growth within the housing market in Mundelein, IL.

The median home cost in Mundelein is $299,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Mundelein is up 14.5%.

Average Age of Homes
- The median age of Mundelein real estate is 34 years old
The Rental Market in Mundelein
- Renters make up 22.8% of the Mundelein population
- 1.1% of houses and apartments in Mundelein, 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

  HousingMundelein, IllinoisUnited States
  11,629.0139,647,020.0
  3742
  $299,000$338,100
  14.5%16.6%
  31.8%57.0%
  54.6%101.1%
  $28.71$10.98
  $6,926$2,690
  69.3%57.4%
  3.9%11.2%
  26.8%31.4%
  Vacant Housing
  1.1%1.9%
  0.3%0.4%
  0.6%0.7%
  0.0%0.4%
  0.4%3.6%
  1.4%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  0.6%2.4%
  0.2%2.8%
  0.3%3.9%
  0.0%4.5%
  7.1%11.3%
  19.3%13.0%
  37.5%20.1%
  22.3%13.6%
  8.8%8.3%
  1.8%9.7%
  0.6%3.9%
  0.3%2.2%
  0.0%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  11.7%13.6%
  11.7%13.6%
  23.3%13.6%
  17.3%13.2%
  9.4%14.8%
  23.3%13.6%
  17.4%10.0%
  4.2%4.7%
  2.7%12.2%
Reviews for Mundelein
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I've lived in Mundelein for 25 years. We have great friends and neighbors. My kids grew up here and went to excellent schools. There are great biking/running/walking  More

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Here are the pluses - close to route 53, tollway and Libertyville, Vernon Hills and Lincolnshire all of which have a lot to offer. Housing cheaper than some of the  More

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Too much concrete and cars... too expensive... overcrowded healthcare facilities... high-strung, materialistic culture... unforgiving cultural and physical  More

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