The housing market in 60644 Chicago, IL is currently at a median value of $206,500. This is significantly lower than the US House Median Value of $338,100. Over the past year, the US House Appreciation has been 8.27%, while in 60644 Chicago, IL it has been 6.13%. Although the appreciation rate for this area is lower than that of the rest of the country, it still means that housing prices are steadily climbing and represents a great opportunity for investors or homeowners looking to buy.
The median home cost in Chicago (zip 60644) is $206,500. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60644) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60644) real estate is 78 years old
The Rental Market in Chicago (zip 60644)
- Renters make up 59.4% of the Chicago (zip 60644) population
- 2.4% of houses and apartments in Chicago (zip 60644), 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.