Zip 60639 (Chicago, IL) Housing

The housing market in 60639, Chicago, IL is currently valued at $282,300, which is less than the US House Median Value of $338,100. However, the 1 year House Appreciation in this area is 6.13%, which is slightly lower than the national average of 8.27%. The relatively lower house appreciation rate still reflects positively on the housing market in this area as it indicates steady growth and investment potential.

The median home cost in Chicago (zip 60639) is $282,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60639) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60639) real estate is 78 years old

The Rental Market in Chicago (zip 60639)

- Renters make up 51.3% of the Chicago (zip 60639) population
- 2.3% of houses and apartments in Chicago (zip 60639), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chicago, Illinois	United States
	28,950.0	139,647,020.0
	61	42
	$282,300	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$16.56	$10.98
	$4,198	$2,690
	44.1%	57.4%
	8.9%	11.2%
	47.0%	31.4%
Vacant Housing
	2.3%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	0.5%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.1%	2.4%
	0.3%	2.8%
	0.4%	3.9%
	1.7%	4.5%
	5.1%	11.3%
	11.7%	13.0%
	48.5%	20.1%
	23.3%	13.6%
	3.6%	8.3%
	1.2%	9.7%
	0.3%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.8%	13.6%
	1.8%	13.6%
	3.2%	13.6%
	2.0%	13.2%
	4.2%	14.8%
	3.2%	13.6%
	7.9%	10.0%
	10.2%	4.7%
	63.9%	12.2%

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