Zip 60062 (Northbrook, IL) Housing

The housing market in Northbrook, IL (zip code 60062) has seen significant appreciation over the past year. The median value of homes in this area is currently $565,000, which is significantly higher than the US median home value of $338,100. This reflects an 8.83% one-year appreciation rate which is higher than the US average of 8.27%. Consequently, this area may be a desirable option for prospective homeowners looking to invest in the housing market and benefit from its strong appreciation rates.

The median home cost in Northbrook (zip 60062) is $565,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Northbrook (zip 60062) is up 14.5%.

Average Age of Homes

- The median age of Northbrook (zip 60062) real estate is 45 years old

The Rental Market in Northbrook (zip 60062)

- Renters make up 17.0% of the Northbrook (zip 60062) population
- 1.8% of houses and apartments in Northbrook (zip 60062), 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	Northbrook, Illinois	United States
	18,475.0	139,647,020.0
	47	42
	$565,000	$338,100
	14.5%	16.6%
	31.8%	57.0%
	54.6%	101.1%
	$20.96	$10.98
	$10,001	$2,690
	74.1%	57.4%
	10.9%	11.2%
	15.0%	31.4%
Vacant Housing
	1.8%	1.9%
	0.1%	0.4%
	3.0%	0.7%
	0.4%	0.4%
	1.2%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.1%	2.4%
	0.3%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	1.5%	11.3%
	2.9%	13.0%
	7.1%	20.1%
	11.6%	13.6%
	18.4%	8.3%
	34.8%	9.7%
	11.5%	3.9%
	7.5%	2.2%
	1.2%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	7.6%	13.6%
	11.2%	13.2%
	22.0%	14.8%
	7.6%	13.6%
	15.4%	10.0%
	2.7%	4.7%
	2.0%	12.2%

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