The housing market in 60634 Chicago, IL is slightly below the national average when it comes to median value. The median value for houses in 60634 is $298,600, while the US median house value is $338,100. This 1 year appreciation rate of 6.13% is also lower than the US 1 year appreciation rate of 8.27%. Despite being lower than the national average, the housing market in 60634 still offers stability and potential growth for investors looking to purchase property in this area.
The median home cost in Chicago (zip 60634) is $298,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60634) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60634) real estate is 67 years old
The Rental Market in Chicago (zip 60634)
- Renters make up 26.5% of the Chicago (zip 60634) population
- 0.4% of houses and apartments in Chicago (zip 60634), 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.