Zip 60631 (Chicago, IL) Housing

Housing in 60631 Chicago, IL is quite expensive with the median value reaching $361,800, which is much higher than the US median value of $338,100. Although housing prices have seen an increase of 8.27% on a nationwide level, the appreciation rate in 60631 has been lower at 6.13%. Despite that, this area still remains one of the most desirable places to live in, with plenty of housing options and amenities for those who can afford it.

The median home cost in Chicago (zip 60631) is $361,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60631) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60631) real estate is 62 years old

The Rental Market in Chicago (zip 60631)

- Renters make up 21.1% of the Chicago (zip 60631) population
- 1.5% of houses and apartments in Chicago (zip 60631), 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
	12,783.0	139,647,020.0
	67	42
	$361,800	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$16.43	$10.98
	$6,230	$2,690
	71.2%	57.4%
	4.6%	11.2%
	24.1%	31.4%
Vacant Housing
	1.5%	1.9%
	0.6%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.7%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.5%	4.5%
	3.4%	11.3%
	7.4%	13.0%
	10.6%	20.1%
	34.0%	13.6%
	22.7%	8.3%
	17.2%	9.7%
	2.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.9%	13.6%
	2.9%	13.6%
	3.5%	13.6%
	4.7%	13.2%
	7.6%	14.8%
	3.5%	13.6%
	26.8%	10.0%
	14.1%	4.7%
	26.1%	12.2%

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