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.