The housing market in Braidwood, IL (zip code 60408) is an excellent investment. The median value of housing in the area is $215,000 and significantly lower than the US median house value of $338,100. Furthermore, the appreciation rate for houses in this area is 9.35% and slightly higher than the US appreciation rate of 8.27%. Investing in a house in Braidwood would be a wise decision as it offers excellent value with good potential for increasing returns over time.
The median home cost in Braidwood (zip 60408) is $215,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Braidwood (zip 60408) is up 13.7%.
Average Age of Homes
- The median age of Braidwood (zip 60408) real estate is 38 years old
The Rental Market in Braidwood (zip 60408)
- Renters make up 22.8% of the Braidwood (zip 60408) population
- 0.0% of houses and apartments in Braidwood (zip 60408), 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.