Winnetka, IL is an affluent suburb of Chicago known for its beautiful homes and lush neighborhoods. The median value of a house in Winnetka is an impressive $1,348,300, far exceeding the US median value of $338,100. Additionally, the 1 year appreciation rate for houses in Winnetka was 8.83%, which is higher than the US average of 8.27%. This further demonstrates that housing values in Winnetka are on the rise and may be a wise investment for potential homebuyers.
The median home cost in Winnetka is $1,348,300. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Winnetka is up 14.5%.
Average Age of Homes
- The median age of Winnetka real estate is 69 years old
The Rental Market in Winnetka
- Renters make up 8.6% of the Winnetka population
- 0.4% of houses and apartments in Winnetka, 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.