Zip 60608 (Chicago, IL) Housing

The median house value in 60608 Chicago, IL is $299,600, which is significantly lower than the US median house value of $338,100. In the past year, the US experienced an appreciation rate of 8.27% for houses whereas in 60608 Chicago the appreciation rate was 6.13%. This suggests that while housing values in 60608 are appreciating at a slower rate compared to the national average, they are still increasing in value.

The median home cost in Chicago (zip 60608) is $299,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60608) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60608) real estate is 78 years old

The Rental Market in Chicago (zip 60608)

- Renters make up 58.6% of the Chicago (zip 60608) population
- 3.1% of houses and apartments in Chicago (zip 60608), 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	Chicago, Illinois	United States
	30,701.0	139,647,020.0
	61	42
	$299,600	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$4,533	$2,690
	35.8%	57.4%
	9.4%	11.2%
	54.8%	31.4%
Vacant Housing
	3.1%	1.9%
	0.3%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	0.1%	3.6%
	5.6%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	0.8%	2.4%
	1.6%	2.8%
	0.9%	3.9%
	1.1%	4.5%
	5.3%	11.3%
	8.2%	13.0%
	34.1%	20.1%
	22.7%	13.6%
	9.9%	8.3%
	11.0%	9.7%
	1.9%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	5.5%	13.6%
	5.0%	13.2%
	5.1%	14.8%
	5.5%	13.6%
	6.0%	10.0%
	6.4%	4.7%
	53.4%	12.2%

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