The housing market in Des Plaines, IL (zip code 60018) is performing relatively well compared to the national housing market. The median house value in Des Plaines is $304,000, which is slightly lower than the US median house value of $338,100. However, over the past year, the appreciation rate for housing in Des Plaines was 8.83%, which is higher than the national rate of 8.27%. This indicates that Des Plaines is a strong and stable housing market with an increasing value over time.
The median home cost in Des Plaines (zip 60018) is $304,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Des Plaines (zip 60018) is up 14.5%.
Average Age of Homes
- The median age of Des Plaines (zip 60018) real estate is 53 years old
The Rental Market in Des Plaines (zip 60018)
- Renters make up 27.0% of the Des Plaines (zip 60018) population
- 2.7% of houses and apartments in Des Plaines (zip 60018), 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.