Zip 60448 (Mokena, IL) Housing

The housing market in Mokena, IL is thriving. The median value of homes in the 60448 zip code is $363,900, which is higher than the national median value of $338,100. This is a great indicator that property values in this area are high. Additionally, the 1 year house appreciation rate for Mokena is 9.35%, which is higher than the national rate of 8.27%. This suggests that home values are continuing to increase in Mokena and that it's a strong place to invest in real estate right now.

The median home cost in Mokena (zip 60448) is $363,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Mokena (zip 60448) is up 13.7%.

Average Age of Homes

- The median age of Mokena (zip 60448) real estate is 24 years old

The Rental Market in Mokena (zip 60448)

- Renters make up 7.4% of the Mokena (zip 60448) population
- 2.9% of houses and apartments in Mokena (zip 60448), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mokena, Illinois	United States
	9,358.0	139,647,020.0
	28	42
	$363,900	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$24.63	$10.98
	$7,790	$2,690
	86.7%	57.4%
	4.1%	11.2%
	9.3%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.9%	2.4%
	0.2%	2.8%
	0.6%	3.9%
	0.0%	4.5%
	3.2%	11.3%
	8.2%	13.0%
	32.0%	20.1%
	28.7%	13.6%
	12.8%	8.3%
	12.3%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	29.3%	13.6%
	8.5%	13.2%
	16.7%	14.8%
	29.3%	13.6%
	5.5%	10.0%
	1.4%	4.7%
	2.0%	12.2%

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