Zip 60632 (Chicago, IL) Housing

Housing in 60632 Chicago, IL is more affordable than the US median value of $338,100. The housing median value in this area is $238,200. Despite the lower median value, the 1 year house appreciation rate has been strong at 6.13%, which is still above the national average of 8.27%. This demonstrates a healthy market for those looking to buy or invest in real estate in this part of Chicago.

The median home cost in Chicago (zip 60632) is $238,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60632) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60632) real estate is 72 years old

The Rental Market in Chicago (zip 60632)

- Renters make up 41.4% of the Chicago (zip 60632) population
- 3.2% of houses and apartments in Chicago (zip 60632), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chicago, Illinois	United States
	28,234.0	139,647,020.0
	76	42
	$238,200	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$2,932	$2,690
	51.3%	57.4%
	7.6%	11.2%
	41.0%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.1%	0.4%
	0.0%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.6%	2.4%
	1.2%	2.8%
	1.2%	3.9%
	3.5%	4.5%
	11.1%	11.3%
	29.4%	13.0%
	41.9%	20.1%
	6.7%	13.6%
	1.2%	8.3%
	0.7%	9.7%
	0.7%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.3%	13.6%
	2.3%	13.6%
	3.0%	13.6%
	2.6%	13.2%
	4.7%	14.8%
	3.0%	13.6%
	18.2%	10.0%
	11.7%	4.7%
	44.2%	12.2%

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