Housing in the 60077 Skokie, IL area is expensive compared to the US median value with a median value of $298,400. However, it has appreciated at a higher rate year-over-year than the national average, with an appreciation rate of 8.83% compared to 8.27% for the US as a whole. This indicates that housing in 60077 Skokie, IL could be seen as a sound investment for those considering buying or renting there.
The median home cost in Skokie (zip 60077) is $298,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Skokie (zip 60077) is up 14.5%.
Average Age of Homes
- The median age of Skokie (zip 60077) real estate is 58 years old
The Rental Market in Skokie (zip 60077)
- Renters make up 33.7% of the Skokie (zip 60077) population
- 2.0% of houses and apartments in Skokie (zip 60077), 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.