Zip 60707 (Elmwood Park, IL) Housing

The housing market in 60707 Elmwood Park, IL has been steadily increasing. According to data from the US Census Bureau, the median value of a house in this area is currently $288,600. This is slightly lower than the US median value of $338,100. However, the one-year appreciation rate for housing in this area is 8.98%, which is higher than the national average of 8.27%. This indicates that the housing market in 60707 Elmwood Park, IL is doing well and should continue to increase in value over time.

The median home cost in Elmwood Park (zip 60707) is $288,600. Home appreciation the last 10 years has been 64.7%. Home Appreciation in Elmwood Park (zip 60707) is up 9.6%.

Average Age of Homes

- The median age of Elmwood Park (zip 60707) real estate is 66 years old

The Rental Market in Elmwood Park (zip 60707)

- Renters make up 31.3% of the Elmwood Park (zip 60707) population
- 0.9% of houses and apartments in Elmwood Park (zip 60707), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elmwood Park, Illinois	United States
	16,786.0	139,647,020.0
	67	42
	$288,600	$338,100
	9.6%	16.6%
	29.7%	57.0%
	64.7%	101.1%
	$19.71	$10.98
	$5,468	$2,690
	59.1%	57.4%
	7.4%	11.2%
	33.5%	31.4%
Vacant Housing
	0.9%	1.9%
	0.5%	0.4%
	1.6%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.3%	2.4%
	0.4%	2.8%
	1.9%	3.9%
	1.9%	4.5%
	4.8%	11.3%
	9.6%	13.0%
	38.9%	20.1%
	30.7%	13.6%
	6.8%	8.3%
	2.8%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	4.7%	13.6%
	3.9%	13.2%
	9.0%	14.8%
	4.7%	13.6%
	17.3%	10.0%
	17.3%	4.7%
	25.8%	12.2%

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