Beach Park, IL is a thriving community with an array of amenities that make it highly desirable. The housing market in Beach Park is strong and the median value of a house is $228,600 which is considerably lower than the US median value of $338,100. In the past year, the appreciation of housing in Beach Park has been 8.83%, slightly higher than the national average of 8.27%. This shows that not only are houses relatively affordable but their value is also growing at an impressive rate. Thus, investing in housing in Beach Park can be a great way to grow ones' wealth over time.
The median home cost in Beach Park is $228,600. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Beach Park is up 14.5%.
Average Age of Homes
- The median age of Beach Park real estate is 34 years old
The Rental Market in Beach Park
- Renters make up 13.5% of the Beach Park population
- 0.0% of houses and apartments in Beach Park, 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.