Zip 60520 (Hinckley, IL) Housing

In Hinckley, IL (60520), the median value of housing is $273,100, which is significantly lower than the US House Median Value of $338,100. Despite this lower median value, the area experienced a strong house appreciation rate of 9.58% in the last year, higher than the US average of 8.27%. This indicates that Hinckley is an area with strong potential for housing growth and a good location to invest in property.

The median home cost in Hinckley (zip 60520) is $273,100. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Hinckley (zip 60520) is up 14.1%.

Average Age of Homes

- The median age of Hinckley (zip 60520) real estate is 46 years old

The Rental Market in Hinckley (zip 60520)

- Renters make up 18.4% of the Hinckley (zip 60520) population
- 1.5% of houses and apartments in Hinckley (zip 60520), 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	Hinckley, Illinois	United States
	1,210.0	139,647,020.0
	48	42
	$273,100	$338,100
	14.1%	16.6%
	34.5%	57.0%
	59.2%	101.1%
	$25.49	$10.98
	$6,220	$2,690
	74.1%	57.4%
	5.3%	11.2%
	20.7%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.6%	4.5%
	5.7%	11.3%
	19.4%	13.0%
	44.5%	20.1%
	17.9%	13.6%
	3.6%	8.3%
	6.9%	9.7%
	0.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	26.3%	13.6%
	4.5%	13.2%
	18.9%	14.8%
	26.3%	13.6%
	8.8%	10.0%
	2.1%	4.7%
	30.2%	12.2%

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