The housing market in 60610 Chicago, IL is booming, with the median value of homes coming in at $468,600. This number is significantly higher than the US house median value of $338,100, and even the US 1 year house appreciation rate of 8.27%. The house 1 year appreciation rate in this area was 6.13%, showing that home values have been increasing steadily in this area and continue to be a wise investment.
The median home cost in Chicago (zip 60610) is $468,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60610) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60610) real estate is 44 years old
The Rental Market in Chicago (zip 60610)
- Renters make up 53.9% of the Chicago (zip 60610) population
- 5.0% of houses and apartments in Chicago (zip 60610), 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.