The housing market in 60609 Chicago, IL is quite strong. The median value of homes in this area is $227,200, which is lower than the US House Median Value of $338,100. Although the appreciation rate for homes in 60609 over the past year was slightly lower than the national average, at 6.13%, it still reflects a healthy housing market. With the current competition and rising demand for properties in the area, this could be a great time to invest in real estate.
The median home cost in Chicago (zip 60609) is $227,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60609) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60609) real estate is 78 years old
The Rental Market in Chicago (zip 60609)
- Renters make up 45.4% of the Chicago (zip 60609) population
- 3.2% of houses and apartments in Chicago (zip 60609), 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.