West Brooklyn is a desirable place to live in Illinois due to its low median home values. The median home value in West Brooklyn is $190,800, which is considerably lower than the US national median of $338,100. In comparison with the US 1 year house appreciation of 8.27%, the house appreciation rate for West Brooklyn over the same period was 6.44%. This may make West Brooklyn an attractive destination for those looking for a relatively affordable place to buy or rent a home without sacrificing quality of life options and features.
The median home cost in West Brooklyn is $190,800. Home appreciation the last 10 years has been 36.1%. Home Appreciation in West Brooklyn is up 8.8%.
Average Age of Homes
- The median age of West Brooklyn real estate is 78 years old
The Rental Market in West Brooklyn
- Renters make up 7.2% of the West Brooklyn population
- 8.9% of houses and apartments in West Brooklyn, 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.