Merrionette Park, IL Housing

Merrionette Park, IL has a median value of housing that is significantly lower than the national median at $185,100 compared to the US median of $338,100. However, the 1 year appreciation rate of 5.17% in Merrionette Park is slightly less than the US average of 8.27%. This indicates that housing prices in Merrionette Park are still growing and may soon reach or exceed the national median in the near future.

The median home cost in Merrionette Park is $185,100. Home appreciation the last 10 years has been 77.3%. Home Appreciation in Merrionette Park is up 14.3%.

Average Age of Homes

- The median age of Merrionette Park real estate is 58 years old

The Rental Market in Merrionette Park

- Renters make up 26.3% of the Merrionette Park population
- 0.0% of houses and apartments in Merrionette Park, 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	Merrionette Park, Illinois	United States
	968.0	139,647,020.0
	54	42
	$185,100	$338,100
	14.3%	16.6%
	50.9%	57.0%
	77.3%	101.1%
	$23.44	$10.98
	$2,867	$2,690
	71.8%	57.4%
	7.4%	11.2%
	20.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.7%	0.4%
	0.0%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	21.4%	2.6%
	7.1%	2.4%
	4.6%	2.8%
	0.0%	3.9%
	0.7%	4.5%
	30.1%	11.3%
	23.0%	13.0%
	11.9%	20.1%
	0.0%	13.6%
	0.7%	8.3%
	0.0%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.8%	13.6%
	10.8%	13.6%
	11.5%	13.6%
	7.3%	13.2%
	15.0%	14.8%
	11.5%	13.6%
	25.2%	10.0%
	11.3%	4.7%
	2.2%	12.2%

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