The housing market in Chicago, ND is quite robust and prosperous. The median value of a house in the area is $175,500, while the US median value is $338,100. In addition, over the past year the appreciation rate for houses in Chicago has been 9.41%, which is higher than the national average of 8.27%. This data indicates that there is a strong demand for housing in this area and that it's likely to continue to increase in value over time.
The median home cost in Chicago is $175,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Chicago is up 10.5%.
Average Age of Homes
- The median age of Chicago real estate is 49 years old
The Rental Market in Chicago
- Renters make up 0.0% of the Chicago population
- 0.0% of houses and apartments in Chicago, 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.