The housing in North Chicago, IL (zip code 60064) is slightly more beneficial for homeowners than the US average. The median value of a home in North Chicago is $148,400 – significantly lower than the US median of $338,100. However, the one-year house appreciation rate in North Chicago is 8.83%, slightly higher than the US average of 8.27%. This suggests that homes are gaining value at a faster rate in North Chicago compared to the rest of the country. Overall, this makes North Chicago an attractive place to invest in real estate for potential homeowners looking for an affordable option with good growth potential.
The median home cost in North Chicago (zip 60064) is $148,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in North Chicago (zip 60064) is up 14.5%.
Average Age of Homes
- The median age of North Chicago (zip 60064) real estate is 55 years old
The Rental Market in North Chicago (zip 60064)
- Renters make up 44.9% of the North Chicago (zip 60064) population
- 3.5% of houses and apartments in North Chicago (zip 60064), 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.