The housing market in Glendale Heights, IL is thriving. The median value of a house is $240,900 compared to the US median value of $338,100. In the last year alone, the US has seen an appreciation rate of 8.27% whereas Glendale Heights has seen an appreciation rate of 9.73%, making it one of the more desirable areas to invest in real estate. With this increase in value, Glendale Heights has become a great place to buy or rent a home and enjoy all the amenities that come with living in this vibrant city.
The median home cost in Glendale Heights is $240,900. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Glendale Heights is up 12.6%.
Average Age of Homes
- The median age of Glendale Heights real estate is 40 years old
The Rental Market in Glendale Heights
- Renters make up 28.9% of the Glendale Heights population
- 1.6% of houses and apartments in Glendale Heights, 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.