The housing market in 60085 Waukegan, IL is very strong. The median value of a house in Waukegan is $164,900 which is lower than the national average of $338,100. In the past year, the appreciation rate for houses in Waukegan has been 8.83%, slightly higher than the US average appreciation rate of 8.27%. This indicates that property values continue to rise in 60085 Waukegan and that now is a great time to invest in housing and real estate here.
The median home cost in Waukegan (zip 60085) is $164,900. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Waukegan (zip 60085) is up 14.5%.
Average Age of Homes
- The median age of Waukegan (zip 60085) real estate is 54 years old
The Rental Market in Waukegan (zip 60085)
- Renters make up 49.0% of the Waukegan (zip 60085) population
- 2.3% of houses and apartments in Waukegan (zip 60085), 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.