The housing market in 60626 Chicago, IL is relatively strong. The median value of homes in the area is $247,900, which is slightly lower than the US House Median Value of $338,100. Despite this, the area has experienced a decent 1 year House Appreciation rate of 6.13%, which is slightly lower than the US average of 8.27%. This suggests that despite the higher house median value across the country, homeowners in 60626 Chicago, IL can still expect to experience some appreciation on their home investment.
The median home cost in Chicago (zip 60626) is $247,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60626) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60626) real estate is 78 years old
The Rental Market in Chicago (zip 60626)
- Renters make up 63.1% of the Chicago (zip 60626) population
- 4.9% of houses and apartments in Chicago (zip 60626), 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.