The housing market in Westmont, IL is strong and growing. The median value of homes in the area is $315,400, which is slightly lower than the national median of $338,100. However, in the past year, Westmont has seen a 9.58% appreciation rate in its home values, higher than the US average of 8.27%. This shows that the housing market in Westmont is on an upward trend and becoming more valuable as time goes on.
The median home cost in Westmont is $315,400. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Westmont is up 14.1%.
Average Age of Homes
- The median age of Westmont real estate is 40 years old
The Rental Market in Westmont
- Renters make up 46.1% of the Westmont population
- 2.7% of houses and apartments in Westmont, 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.