DeKalb, IL is a great place to live and invest in housing. The median value of homes in this area is $193,000, which is well below the national median value of $338,100. This makes DeKalb an attractive place to purchase a home. In addition to being affordable compared to other parts of the country, the one year house appreciation rate in DeKalb is 9.73%, which is higher than the national rate of 8.27%. This means that homeowners can expect their property values to appreciate at a steady rate when investing in a home in DeKalb.
The median home cost in DeKalb (zip 60115) is $193,000. Home appreciation the last 10 years has been 63.3%. Home Appreciation in DeKalb (zip 60115) is up 12.6%.
Average Age of Homes
- The median age of DeKalb (zip 60115) real estate is 41 years old
The Rental Market in DeKalb (zip 60115)
- Renters make up 50.0% of the DeKalb (zip 60115) population
- 1.9% of houses and apartments in DeKalb (zip 60115), 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.