The housing market in Calumet City, IL (zip code 60409) is growing at a healthy rate with the median value of housing at $150,300. This is significantly lower than the median value of housing across the US which stands at $338,100. The appreciation rate over the past year has been 9.35%, higher than the national average of 8.27%, indicating that this area may be poised for future growth. Homeowners and buyers alike may want to take advantage of this trend to reap rewards from their real estate investments in this neighborhood.
The median home cost in Calumet City (zip 60409) is $150,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Calumet City (zip 60409) is up 13.7%.
Average Age of Homes
- The median age of Calumet City (zip 60409) real estate is 50 years old
The Rental Market in Calumet City (zip 60409)
- Renters make up 36.2% of the Calumet City (zip 60409) population
- 2.9% of houses and apartments in Calumet City (zip 60409), 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.