The median value of housing in 60654 Chicago, IL is $473,000. This exceeds the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, whereas the House 1 year appreciation rate in 60654 Chicago, IL is 6.13%. Therefore, while the median value of housing is higher than the national average in 60654 Chicago, IL, its appreciation rate is lower than the national average. This indicates that there may be a slight decrease in house prices for this area in the coming year.
The median home cost in Chicago (zip 60654) is $473,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60654) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60654) real estate is 17 years old
The Rental Market in Chicago (zip 60654)
- Renters make up 54.5% of the Chicago (zip 60654) population
- 4.9% of houses and apartments in Chicago (zip 60654), 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.