The housing market in 60428 Markham, IL is a great investment opportunity for potential homeowners. According to the median housing value data, the home median value in 60428 Markham, IL is $131,200. This is significantly lower than the US median house value of $338,100. Furthermore, one year house appreciation in 60428 Markham, IL is 9.35%, which is higher than the US 1 year house appreciation rate of 8.27%. Therefore, it can be concluded that investing in this area would be a beneficial decision as it offers both an affordable median value and greater potential for appreciation over time compared to US averages.
The median home cost in Markham (zip 60428) is $131,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Markham (zip 60428) is up 13.7%.
Average Age of Homes
- The median age of Markham (zip 60428) real estate is 55 years old
The Rental Market in Markham (zip 60428)
- Renters make up 27.3% of the Markham (zip 60428) population
- 0.5% of houses and apartments in Markham (zip 60428), 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.