Housing in Harvey, IL is significantly more affordable than the national average, with the median value being around $93,300 compared to the US median of $338,100. Despite being more affordable, homes in Harvey have seen an impressive appreciation rate of 9.35% over the last year, which is higher than the national average of 8.27%. This increase in value makes Harvey a great place to invest in property and provides opportunities for both buyers and sellers.
The median home cost in Harvey is $93,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Harvey is up 13.7%.
Average Age of Homes
- The median age of Harvey real estate is 57 years old
The Rental Market in Harvey
- Renters make up 41.7% of the Harvey population
- 1.1% of houses and apartments in Harvey, 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.