Zip 60407 (Braceville, IL) Housing

Housing in 60407 Braceville, IL is an attractive investment option. The median value of a home in this area is $173,500, which is significantly lower than the US median value of $338,100. This makes it a great choice for those looking to purchase a home without breaking the bank. Additionally, the home appreciation rate in this area is 9.35%, which is higher than the national rate of 8.27%. This means that those who invest in homes here may see a greater return on their investment over time.

The median home cost in Braceville (zip 60407) is $173,500. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Braceville (zip 60407) is up 13.7%.

Average Age of Homes

- The median age of Braceville (zip 60407) real estate is 37 years old

The Rental Market in Braceville (zip 60407)

- Renters make up 19.0% of the Braceville (zip 60407) population
- 1.1% of houses and apartments in Braceville (zip 60407), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Braceville, Illinois	United States
	651.0	139,647,020.0
	34	42
	$173,500	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$19.41	$10.98
	$2,646	$2,690
	72.0%	57.4%
	7.8%	11.2%
	20.1%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	1.8%	0.4%
	0.0%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	8.5%	2.4%
	6.6%	2.8%
	6.6%	3.9%
	4.9%	4.5%
	29.9%	11.3%
	24.1%	13.0%
	15.4%	20.1%
	1.7%	13.6%
	0.0%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	29.2%	13.6%
	11.2%	13.2%
	14.0%	14.8%
	29.2%	13.6%
	4.9%	10.0%
	5.2%	4.7%
	9.2%	12.2%

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