Housing in 60007 Elk Grove Village, IL is above the US median value at $294,400 and it has experienced a greater appreciation over the past year at 8.83% as opposed to the national average of 8.27%. This indicates that this area is becoming increasingly attractive for those looking to invest in real estate. With its close access to amenities such as parks and shopping centers, its lower than average crime rate, and its high quality school system, Elk Grove Village is an ideal location for individuals and families alike looking to purchase a home.
The median home cost in Elk Grove Village (zip 60007) is $294,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Elk Grove Village (zip 60007) is up 14.5%.
Average Age of Homes
- The median age of Elk Grove Village (zip 60007) real estate is 43 years old
The Rental Market in Elk Grove Village (zip 60007)
- Renters make up 24.3% of the Elk Grove Village (zip 60007) population
- 1.2% of houses and apartments in Elk Grove Village (zip 60007), 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.