Zip 60706 (Norridge, IL) Housing

The housing in Norridge, IL (zip code 60706) is currently slightly above the median value for the United States. The median value of housing in Norridge is $319,600 while the US median value is $338,100. Over the past year, the appreciation of housing nationwide has been 8.27%, but in Norridge it has been even better at 8.98%. This steady and consistent increase in home values makes Norridge a popular place to own property and invest in real estate.

The median home cost in Norridge (zip 60706) is $319,600. Home appreciation the last 10 years has been 64.7%. Home Appreciation in Norridge (zip 60706) is up 9.6%.

Average Age of Homes

- The median age of Norridge (zip 60706) real estate is 56 years old

The Rental Market in Norridge (zip 60706)

- Renters make up 22.9% of the Norridge (zip 60706) population
- 0.7% of houses and apartments in Norridge (zip 60706), 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	Norridge, Illinois	United States
	9,858.0	139,647,020.0
	59	42
	$319,600	$338,100
	9.6%	16.6%
	29.7%	57.0%
	64.7%	101.1%
	$18.77	$10.98
	$5,803	$2,690
	71.6%	57.4%
	4.6%	11.2%
	23.8%	31.4%
Vacant Housing
	0.7%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.9%	2.4%
	0.1%	2.8%
	0.1%	3.9%
	1.0%	4.5%
	1.6%	11.3%
	7.3%	13.0%
	34.6%	20.1%
	35.9%	13.6%
	9.4%	8.3%
	6.1%	9.7%
	1.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.0%	13.6%
	7.0%	13.6%
	7.9%	13.6%
	4.3%	13.2%
	11.7%	14.8%
	7.9%	13.6%
	33.9%	10.0%
	5.6%	4.7%
	6.9%	12.2%

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