The housing market in 60615 Chicago, IL is slightly below the national median value. The median value of a house in this zip code is $272,900 compared to the US house median value of $338,100. While the US home appreciation rate over the last year was 8.27%, the home appreciation rate in 60615 Chicago, IL was 6.13%. Despite these lower figures than the US average, homeowners in this area can still see a healthy increase in their property values due to a stable housing market.
The median home cost in Chicago (zip 60615) is $272,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60615) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60615) real estate is 64 years old
The Rental Market in Chicago (zip 60615)
- Renters make up 60.6% of the Chicago (zip 60615) population
- 4.2% of houses and apartments in Chicago (zip 60615), 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.