Housing in 60914 Bourbonnais, IL is slightly lower than the national median value at $255,300. However, it still appreciated at a relatively high rate of 7.34% over the last year compared to the US house appreciation rate of 8.27%. Despite lower pricing than other areas in the country, this area is still subject to strong appreciation, making it a desirable place to buy property.
The median home cost in Bourbonnais (zip 60914) is $255,300. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Bourbonnais (zip 60914) is up 15.4%.
Average Age of Homes
- The median age of Bourbonnais (zip 60914) real estate is 30 years old
The Rental Market in Bourbonnais (zip 60914)
- Renters make up 27.2% of the Bourbonnais (zip 60914) population
- 1.2% of houses and apartments in Bourbonnais (zip 60914), 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.