In 60624 Chicago, IL the median value of a house is $190,800 which is significantly lower than the US median value of $338,100. While US housing saw an impressive 8.27% appreciation over the past year, homes in 60624 Chicago appreciated at a rate of 6.13%. Despite the lower home values and slightly slower appreciation rate than most of the country, homes in this area are still in high demand due to its close proximity to downtown Chicago and other key metropolitan areas.
The median home cost in Chicago (zip 60624) is $190,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60624) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60624) real estate is 78 years old
The Rental Market in Chicago (zip 60624)
- Renters make up 57.1% of the Chicago (zip 60624) population
- 2.7% of houses and apartments in Chicago (zip 60624), 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.