Tinley Park, IL is a great place to live if you're looking for a good investment in housing. The median value of housing in the area is $263,600, which is significantly lower than the US House median value of $338,100. In the last year, house appreciation in Tinley Park has been 9.35%, higher than the US 1 year house appreciation rate of 8.27%. This makes it an ideal location for anyone looking to invest in real estate and benefit from potential future appreciation of their home's value.
The median home cost in Tinley Park (zip 60477) is $263,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Tinley Park (zip 60477) is up 13.7%.
Average Age of Homes
- The median age of Tinley Park (zip 60477) real estate is 35 years old
The Rental Market in Tinley Park (zip 60477)
- Renters make up 20.1% of the Tinley Park (zip 60477) population
- 1.2% of houses and apartments in Tinley Park (zip 60477), 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.