Housing in 60044 Lake Bluff, IL is significantly more expensive than the national median value. The median value of a house in 60044 Lake Bluff, IL is $507,100 while the US median value is $338,100. Despite this difference, the rate of appreciation for houses in 60044 Lake Bluff over the past year has been similar to the national rate of 8.27%. In fact, the local appreciation rate for houses in Lake Bluff over the past year was 8.83%. This suggests that housing prices in 60044 Lake Bluff are still increasing at a steady pace despite their already high cost.
The median home cost in Lake Bluff (zip 60044) is $507,100. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Lake Bluff (zip 60044) is up 14.5%.
Average Age of Homes
- The median age of Lake Bluff (zip 60044) real estate is 38 years old
The Rental Market in Lake Bluff (zip 60044)
- Renters make up 24.3% of the Lake Bluff (zip 60044) population
- 0.4% of houses and apartments in Lake Bluff (zip 60044), 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.