Zip 60551 (Sheridan, IL) Housing

The housing median value in 60551 Sheridan, IL is $243,400. This is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation in 60551 Sheridan, IL is 9.58%, which is higher than the US 1 year house appreciation of 8.27%. Overall, this indicates that housing prices in 60551 Sheridan, IL are rising faster than the national average, but are still relatively affordable compared to other areas.

The median home cost in Sheridan (zip 60551) is $243,400. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Sheridan (zip 60551) is up 14.1%.

Average Age of Homes

- The median age of Sheridan (zip 60551) real estate is 27 years old

The Rental Market in Sheridan (zip 60551)

- Renters make up 17.9% of the Sheridan (zip 60551) population
- 0.0% of houses and apartments in Sheridan (zip 60551), 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	Sheridan, Illinois	United States
	1,468.0	139,647,020.0
	33	42
	$243,400	$338,100
	14.1%	16.6%
	34.5%	57.0%
	59.2%	101.1%
	$20.37	$10.98
	$4,382	$2,690
	84.0%	57.4%
	1.6%	11.2%
	14.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.6%	2.8%
	2.3%	3.9%
	2.2%	4.5%
	14.8%	11.3%
	26.5%	13.0%
	30.7%	20.1%
	12.7%	13.6%
	4.5%	8.3%
	4.4%	9.7%
	1.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.7%	13.6%
	11.7%	13.6%
	34.3%	13.6%
	17.4%	13.2%
	5.2%	14.8%
	34.3%	13.6%
	5.8%	10.0%
	1.4%	4.7%
	16.3%	12.2%

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