The housing in 60527 Burr Ridge, IL is significantly more expensive than the median value of homes across the US. According to recent assessments, the median value of houses in 60527 Burr Ridge, IL is $430,700, which is 28% higher than the US median house value of $338,100. In addition to this higher median value, the appreciation of houses in 60527 Burr Ridge, IL has been better than that of the national average. Over the past year, the appreciation rate for houses in 60527 Burr Ridge, IL was 9.58%, compared to 8.27% across the US.
The median home cost in Burr Ridge (zip 60527) is $430,700. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Burr Ridge (zip 60527) is up 14.1%.
Average Age of Homes
- The median age of Burr Ridge (zip 60527) real estate is 38 years old
The Rental Market in Burr Ridge (zip 60527)
- Renters make up 22.8% of the Burr Ridge (zip 60527) population
- 1.2% of houses and apartments in Burr Ridge (zip 60527), 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.