The housing market in Arlington Heights, IL (60005) is doing very well. The median value of a house in the area is $359,900, which is higher than the US median of $338,100. Additionally, the one year appreciation rate for houses in this area is 8.83%, which is higher than the national average of 8.27%. This indicates that it is a great time to invest in real estate in the 60005 zip code. Prices are rising and will likely continue to do so as demand increases.
The median home cost in Arlington Heights (zip 60005) is $359,900. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Arlington Heights (zip 60005) is up 14.5%.
Average Age of Homes
- The median age of Arlington Heights (zip 60005) real estate is 47 years old
The Rental Market in Arlington Heights (zip 60005)
- Renters make up 31.1% of the Arlington Heights (zip 60005) population
- 2.6% of houses and apartments in Arlington Heights (zip 60005), 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.