The housing in 60164 Northlake, IL has a median value of $248,900, which is significantly lower than the US house median value of $338,100. However, the appreciation rate of houses in this area is impressive at 9.73%, compared to the US 1 year house appreciation rate of 8.27%. Therefore, despite having a lower median value than the national average, homes in 60164 Northlake are quickly gaining in value.
The median home cost in Northlake (zip 60164) is $248,900. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Northlake (zip 60164) is up 12.6%.
Average Age of Homes
- The median age of Northlake (zip 60164) real estate is 60 years old
The Rental Market in Northlake (zip 60164)
- Renters make up 21.4% of the Northlake (zip 60164) population
- 1.1% of houses and apartments in Northlake (zip 60164), 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.