Housing in Lee, IL (zip code 60530) is fairly affordable with a median value of $180,900. This is significantly lower than the US House Median Value of $338,100 and creates a much more favorable environment for potential homeowners. In addition to its affordability, housing in Lee has also appreciated faster than the US average over the past year with an appreciation rate of 9.58%. This means that those who invest in housing in Lee stand to gain more from their investments than other areas in the US. For these reasons, Lee is an attractive option for those looking for affordable housing with good potential for appreciation.
The median home cost in Lee (zip 60530) is $180,900. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Lee (zip 60530) is up 14.1%.
Average Age of Homes
- The median age of Lee (zip 60530) real estate is 78 years old
The Rental Market in Lee (zip 60530)
- Renters make up 18.6% of the Lee (zip 60530) population
- 1.9% of houses and apartments in Lee (zip 60530), 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.