The housing in 60606 Chicago, IL has a median value of $342,900, slightly higher than the US Housing Median Value of $338,100. In the past year, the appreciation rate for housing in 60606 Chicago, IL was 6.13%, somewhat lower than the US Housing Appreciation Rate of 8.27%. Therefore, it can be concluded that the housing market in this area is relatively stable and growing at a slower but consistent pace.
The median home cost in Chicago (zip 60606) is $342,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60606) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60606) real estate is 16 years old
The Rental Market in Chicago (zip 60606)
- Renters make up 47.9% of the Chicago (zip 60606) population
- 7.1% of houses and apartments in Chicago (zip 60606), 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.