The housing median value in 60613 Chicago, IL is $373,000, which is slightly higher than the US house median value of $338,100. Although the US 1 year house appreciation rate is 8.27%, the house 1 year appreciation rate in 60613 Chicago, IL is 6.13%. This indicates that property values are still increasing despite a slightly lower appreciation rate in this area. Overall, investing in real estate in this area provides an attractive opportunity for potential buyers as property prices are expected to continue to increase over time.
The median home cost in Chicago (zip 60613) is $373,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60613) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60613) real estate is 70 years old
The Rental Market in Chicago (zip 60613)
- Renters make up 54.6% of the Chicago (zip 60613) population
- 2.0% of houses and apartments in Chicago (zip 60613), 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.