The housing market in 60484 University Park, IL is thriving as evidenced by the median value of $161,500. This is substantially lower than the US median value of $338,100, making the area more affordable for many buyers. House appreciation has been strong as well with 1 year appreciation at 9.35%, higher than the US average of 8.27%. All these factors make 60484 University Park an attractive place to invest in housing for those who are looking for a good return on their money.
The median home cost in University Park (zip 60484) is $161,500. Home appreciation the last 10 years has been 66.0%. Home Appreciation in University Park (zip 60484) is up 13.7%.
Average Age of Homes
- The median age of University Park (zip 60484) real estate is 42 years old
The Rental Market in University Park (zip 60484)
- Renters make up 40.2% of the University Park (zip 60484) population
- 3.9% of houses and apartments in University Park (zip 60484), 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.