Berkeley, IL is a great place to buy a home. According to the most recent figures, the median value of housing in this area is $251,700, which is significantly lower than the national median of $338,100. Furthermore, over the last year there has been an appreciation in house values of 9.73%, outpacing the national level of 8.27%. This makes Berkeley, IL an ideal place for those looking to invest in real estate or purchase their first home.
The median home cost in Berkeley (zip 60163) is $251,700. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Berkeley (zip 60163) is up 12.6%.
Average Age of Homes
- The median age of Berkeley (zip 60163) real estate is 63 years old
The Rental Market in Berkeley (zip 60163)
- Renters make up 13.4% of the Berkeley (zip 60163) population
- 1.6% of houses and apartments in Berkeley (zip 60163), 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.