Zip 60131 (Franklin Park, IL) Housing

The housing market in 60131 Franklin Park, IL is an attractive one. The median value of homes in the area is currently $255,000, which is significantly lower than the national median house value of $338,100. In the last year alone, the appreciation rate of housing in this area was 9.73%, which is higher than the US average of 8.27%. This makes Franklin Park a great place to invest in property for those looking for a solid return on their investment.

The median home cost in Franklin Park (zip 60131) is $255,000. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Franklin Park (zip 60131) is up 12.6%.

Average Age of Homes

- The median age of Franklin Park (zip 60131) real estate is 61 years old

The Rental Market in Franklin Park (zip 60131)

- Renters make up 24.1% of the Franklin Park (zip 60131) population
- 1.4% of houses and apartments in Franklin Park (zip 60131), 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	Franklin Park, Illinois	United States
	6,353.0	139,647,020.0
	65	42
	$255,000	$338,100
	12.6%	16.6%
	35.4%	57.0%
	63.3%	101.1%
	$20.96	$10.98
	$6,241	$2,690
	67.9%	57.4%
	7.2%	11.2%
	24.9%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	1.2%	0.4%
	0.0%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.4%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	1.0%	4.5%
	4.4%	11.3%
	29.8%	13.0%
	50.5%	20.1%
	10.6%	13.6%
	1.0%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.9%	13.6%
	1.9%	13.6%
	2.8%	13.6%
	3.8%	13.2%
	7.8%	14.8%
	2.8%	13.6%
	34.1%	10.0%
	19.1%	4.7%
	11.1%	12.2%

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