Brooklyn, IL has a median house value of $57,500 which is much lower than the national median house value of $338,100. Despite this difference in price points, the one-year house appreciation rate for Brooklyn is 8.02%, just behind the US average of 8.27%. This shows that the housing market in Brooklyn is still performing well despite its low median value and would be a great choice for anyone looking to invest in real estate in the area.
The median home cost in Brooklyn is $57,500. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Brooklyn is up 10.1%.
Average Age of Homes
- The median age of Brooklyn real estate is 55 years old
The Rental Market in Brooklyn
- Renters make up 51.3% of the Brooklyn population
- 12.1% of houses and apartments in Brooklyn, 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.