Calumet Park, IL has an impressive median housing value of $142,500 which is significantly lower than the US overall median housing value of $338,100. The 1 year house appreciation rate in Calumet Park is 5.17% compared to 8.27% nationally. This indicates that there is still potential for growth in the area's housing market and with such a low median value, it could be a great opportunity for buyers looking for affordable housing options.
The median home cost in Calumet Park is $142,500. Home appreciation the last 10 years has been 77.3%. Home Appreciation in Calumet Park is up 14.3%.
Average Age of Homes
- The median age of Calumet Park real estate is 59 years old
The Rental Market in Calumet Park
- Renters make up 29.5% of the Calumet Park population
- 2.2% of houses and apartments in Calumet 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.