Schiller Park, IL is a great place to invest in housing. The median value of houses in Schiller Park is $249,700, which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year house appreciation rate in Schiller Park has been a strong 9.73%, higher than the national average of 8.27%. This makes buying a home in Schiller Park a great investment opportunity and a smart move for potential homeowners looking to increase their personal wealth.
The median home cost in Schiller Park is $249,700. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Schiller Park is up 12.6%.
Average Age of Homes
- The median age of Schiller Park real estate is 50 years old
The Rental Market in Schiller Park
- Renters make up 32.2% of the Schiller Park population
- 1.3% of houses and apartments in Schiller 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.