The housing market in Blue Island, IL, zip code 60406, is very strong. The median value of homes here is $171,300, which is significantly lower than the US median house value of $338,100. Despite this difference in cost, the 1 year house appreciation rate for Blue Island is 9.35%, which is higher than the national average of 8.27%. This indicates that the housing market in Blue Island is doing well and prices could continue to rise over time.
The median home cost in Blue Island (zip 60406) is $171,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Blue Island (zip 60406) is up 13.7%.
Average Age of Homes
- The median age of Blue Island (zip 60406) real estate is 61 years old
The Rental Market in Blue Island (zip 60406)
- Renters make up 35.8% of the Blue Island (zip 60406) population
- 1.7% of houses and apartments in Blue Island (zip 60406), 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.