The housing market in Brooklyn, IL (62059) is slightly below the US median value, with a median value of $68,200 compared to the US median value of $338,100. Despite the lower median price, Brooklyn has seen similar appreciation year-over-year to the rest of the US with a rate of 7.96% compared to 8.27%. This shows that Brooklyn is a desirable area for potential homeowners and investors alike.
The median home cost in Brooklyn (zip 62059) is $68,200. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Brooklyn (zip 62059) is up 10.0%.
Average Age of Homes
- The median age of Brooklyn (zip 62059) real estate is 54 years old
The Rental Market in Brooklyn (zip 62059)
- Renters make up 52.3% of the Brooklyn (zip 62059) population
- 12.1% of houses and apartments in Brooklyn (zip 62059), 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.