The housing in 60401 Beecher, IL has a median value of $252,700, which is significantly lower than the US House median value of $338,100. However, over the last year the appreciation rate was 9.35%, which is higher than the US House 1 year appreciation rate of 8.27%. This suggests that those looking to invest in housing in this area could potentially make good returns on their investment. Furthermore, with the lower median values it could be an attractive option for potential buyers looking for a more affordable option.
The median home cost in Beecher (zip 60401) is $252,700. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Beecher (zip 60401) is up 13.7%.
Average Age of Homes
- The median age of Beecher (zip 60401) real estate is 29 years old
The Rental Market in Beecher (zip 60401)
- Renters make up 15.8% of the Beecher (zip 60401) population
- 1.4% of houses and apartments in Beecher (zip 60401), 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.