The housing market in McHenry, IL, (zip code 60051) is quite strong. The median house value of $260,800 is lower than the national median of $338,100. However, the one-year appreciation rate for homes in the area is 8.83%, which is higher than the national average appreciation rate of 8.27%. This shows that McHenry's housing market is appreciating at a greater rate year over year compared to the national average, making it a great place to invest in real estate.
The median home cost in Mchenry (zip 60051) is $260,800. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Mchenry (zip 60051) is up 14.5%.
Average Age of Homes
- The median age of Mchenry (zip 60051) real estate is 34 years old
The Rental Market in Mchenry (zip 60051)
- Renters make up 17.4% of the Mchenry (zip 60051) population
- 1.0% of houses and apartments in Mchenry (zip 60051), 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.