The housing market in 60712 Lincolnwood, IL is currently strong and is appreciating faster than the national average. The current median value of a house in 60712 Lincolnwood, IL is $441,300, which is significantly higher than the national median value of $338,100. Additionally, the 1 year house appreciation in 60712 Lincolnwood, IL is 8.98%, which is higher than the national average of 8.27%. This indicates that now may be a good time to buy or sell a home in 60712 Lincolnwood, IL as prices are likely to continue increasing in the near future.
The median home cost in Lincolnwood (zip 60712) is $441,300. Home appreciation the last 10 years has been 64.7%. Home Appreciation in Lincolnwood (zip 60712) is up 9.6%.
Average Age of Homes
- The median age of Lincolnwood (zip 60712) real estate is 59 years old
The Rental Market in Lincolnwood (zip 60712)
- Renters make up 12.3% of the Lincolnwood (zip 60712) population
- 3.3% of houses and apartments in Lincolnwood (zip 60712), 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.