The housing median value in 60657 Chicago, IL is $471,500 which is higher than the US median house value of $338,100. Although the US house appreciation rate for the last year was 8.27%, the house appreciation rate in 60657 Chicago, IL for the same period was 6.13%. This indicates that property values are increasing in the area at a slightly slower rate than the national average, but still at a healthy clip. In addition, with a median home value that is over $100,000 more expensive than the national average, it is clear that real estate in this neighborhood is much more desirable than many other places in America.
The median home cost in Chicago (zip 60657) is $471,500. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60657) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60657) real estate is 61 years old
The Rental Market in Chicago (zip 60657)
- Renters make up 57.4% of the Chicago (zip 60657) population
- 3.1% of houses and apartments in Chicago (zip 60657), 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.