Des Plaines, IL is a great place to live in terms of housing. The median value of houses in Des Plaines is $267,600, which is significantly lower than the US median value of $338,100. Although the appreciation rate of one year in Des Plaines is below the US average of 8.27%, it is still strong at 8.83%. Therefore, living in Des Plaines has its financial benefits and can be a great place for those looking to invest in housing.
The median home cost in Des Plaines is $267,600. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Des Plaines is up 14.5%.
Average Age of Homes
- The median age of Des Plaines real estate is 52 years old
The Rental Market in Des Plaines
- Renters make up 19.2% of the Des Plaines population
- 1.2% of houses and apartments in Des Plaines, 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.