In 2018, the housing median value in Cottage Hills, IL was $83,400. This was significantly lower than the US housing median value of $338,100. While the US 1 year house appreciation rate was 8.27%, Cottage Hills' appreciation rate was 7.96%. The lower price point makes this area an attractive option for those interested in buying a home in 2018 and could result in a higher return on investment compared to other areas with higher prices.
The median home cost in Cottage Hills (zip 62018) is $83,400. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Cottage Hills (zip 62018) is up 10.0%.
Average Age of Homes
- The median age of Cottage Hills (zip 62018) real estate is 59 years old
The Rental Market in Cottage Hills (zip 62018)
- Renters make up 31.9% of the Cottage Hills (zip 62018) population
- 3.4% of houses and apartments in Cottage Hills (zip 62018), 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.