Zip 60459 (Burbank, IL) Housing

The housing market in 60459 Burbank, IL is doing very well compared to the US median value and appreciation rate. The median value for homes in this area is $253,600 which is substantially lower than the US median of $338,100. Additionally, the one year appreciation rate in this area is 9.35%, a full 1% higher than the national average of 8.27%. This makes 60459 Burbank, IL an attractive option for potential homeowners looking for good value with a promising return on investment.

The median home cost in Burbank (zip 60459) is $253,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Burbank (zip 60459) is up 13.7%.

Average Age of Homes

- The median age of Burbank (zip 60459) real estate is 54 years old

The Rental Market in Burbank (zip 60459)

- Renters make up 18.9% of the Burbank (zip 60459) population
- 0.3% of houses and apartments in Burbank (zip 60459), 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	Burbank, Illinois	United States
	9,908.0	139,647,020.0
	57	42
	$253,600	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$24.03	$10.98
	$5,185	$2,690
	76.1%	57.4%
	4.3%	11.2%
	19.6%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	1.1%	2.4%
	0.0%	2.8%
	0.7%	3.9%
	2.6%	4.5%
	10.2%	11.3%
	25.7%	13.0%
	42.0%	20.1%
	11.7%	13.6%
	2.0%	8.3%
	1.4%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	5.4%	13.6%
	8.1%	13.2%
	13.5%	14.8%
	5.4%	13.6%
	31.0%	10.0%
	6.1%	4.7%
	3.8%	12.2%

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