Zip 60430 (Homewood, IL) Housing

Housing in 60430 Homewood, IL is quite affordable compared to the US median value of housing which is $338,100. The median value of housing in the area is $218,500 and the 1 year House Appreciation rate is 9.35%, which is slightly higher than the US average of 8.27%. In other words, house prices in Homewood are expected to increase steadily over time. This makes it an attractive place for potential buyers looking for a long term investment or permanent living solution.

The median home cost in Homewood (zip 60430) is $218,500. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Homewood (zip 60430) is up 13.7%.

Average Age of Homes

- The median age of Homewood (zip 60430) real estate is 55 years old

The Rental Market in Homewood (zip 60430)

- Renters make up 17.7% of the Homewood (zip 60430) population
- 0.3% of houses and apartments in Homewood (zip 60430), 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	Homewood, Illinois	United States
	8,034.0	139,647,020.0
	60	42
	$218,500	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$5,599	$2,690
	74.6%	57.4%
	5.5%	11.2%
	19.9%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.6%	2.4%
	2.9%	2.8%
	5.2%	3.9%
	3.9%	4.5%
	18.9%	11.3%
	32.0%	13.0%
	25.9%	20.1%
	5.7%	13.6%
	1.3%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	3.2%	13.6%
	6.1%	13.2%
	20.8%	14.8%
	3.2%	13.6%
	28.2%	10.0%
	5.4%	4.7%
	13.8%	12.2%

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