Housing in 60048 Libertyville, IL is more expensive than the median US housing value. The median value of houing in Libertyville is $466,000 which is significantly higher than the median US value of $338,100. This difference can be attributed to the high appreciation rate for homes in Libertyville which is 8.83%, higher than the national 1 year appreciation rates of 8.27%. This suggests that property prices may continue to increase in the near future and make owning a home in this area an attractive investment option.
The median home cost in Libertyville (zip 60048) is $466,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Libertyville (zip 60048) is up 14.5%.
Average Age of Homes
- The median age of Libertyville (zip 60048) real estate is 40 years old
The Rental Market in Libertyville (zip 60048)
- Renters make up 15.8% of the Libertyville (zip 60048) population
- 1.1% of houses and apartments in Libertyville (zip 60048), 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.