The housing market in 60661 Chicago, IL is slightly lower than the US median value, with a median house value of $386,900 compared to $338,100 for the US as a whole. Over the past year, house appreciation has been 6.13%, which is slightly lower than the 8.27% appreciation rate nationwide. Despite this somewhat slower growth in housing values, 60661 remains an attractive area for those looking to buy or rent a home due to its proximity to the city center and other amenities.
The median home cost in Chicago (zip 60661) is $386,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60661) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60661) real estate is 18 years old
The Rental Market in Chicago (zip 60661)
- Renters make up 60.6% of the Chicago (zip 60661) population
- 5.2% of houses and apartments in Chicago (zip 60661), 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.