Zip 60061 (Vernon Hills, IL) Housing

The housing market in Vernon Hills, IL (zip code 60061) is thriving. According to the data, the median value for homes in Vernon Hills is $367,300, which is slightly more than the US median value of $338,100. Additionally, in the last year there has been an 8.83% appreciation rate for homes in Vernon Hills versus a 8.27% appreciation rate of homes nationwide. This shows that Vernon Hills is experiencing a strong housing market with rising home values and solid returns on investments for homeowners and real estate investors alike.

The median home cost in Vernon Hills (zip 60061) is $367,300. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Vernon Hills (zip 60061) is up 14.5%.

Average Age of Homes

- The median age of Vernon Hills (zip 60061) real estate is 28 years old

The Rental Market in Vernon Hills (zip 60061)

- Renters make up 26.6% of the Vernon Hills (zip 60061) population
- 2.6% of houses and apartments in Vernon Hills (zip 60061), 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	Vernon Hills, Illinois	United States
	11,321.0	139,647,020.0
	31	42
	$367,300	$338,100
	14.5%	16.6%
	31.8%	57.0%
	54.6%	101.1%
	$27.01	$10.98
	$9,224	$2,690
	63.3%	57.4%
	7.4%	11.2%
	29.3%	31.4%
Vacant Housing
	2.6%	1.9%
	0.8%	0.4%
	0.8%	0.7%
	0.6%	0.4%
	0.8%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.2%	2.4%
	0.2%	2.8%
	0.1%	3.9%
	1.0%	4.5%
	8.7%	11.3%
	10.1%	13.0%
	18.2%	20.1%
	27.8%	13.6%
	13.9%	8.3%
	16.3%	9.7%
	3.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	19.0%	13.6%
	16.9%	13.2%
	27.5%	14.8%
	19.0%	13.6%
	1.1%	10.0%
	0.2%	4.7%
	0.7%	12.2%

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