Median price for residential apartments in as of May, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
73 Blue Island, IL, USA apartments for sale
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Blue Island
According to statistics, the population in Blue Island, IL amounts to 22,446, which shows n/a% compared to the previous year. The median age of the city’s residents is 37. The average household income is $41,340, shifting decline 0% from the past year, and the average property value in Blue Island, IL decline 0% to $113,800 throughout the year.
| Population | 22,446 |
| Median Age | 36.5 |
| Poverty Rate | 19% |
| Household Income | $41,340 |
| Number Of Employees | 10,213 |
| Median Property Value | $113,800 |
Household Income
The average household income in Blue Island, IL grew from $41,305 to $41,340 in the past year. This data is an estimate based upon 8,443 households in Blue Island, IL . The chart below presents how household income is distributed in Blue Island, IL in comparison to the revenue allocation amid households nationally.
- USA
- Blue Island, IL
Property Value
According to data from last year, the average property value in Blue Island, IL shifted from $114,200 to $113,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Blue Island, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Blue Island, IL properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
- USA
- Blue Island, IL
Rent vs. Own
- Rent52%
- Own48%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Blue Island, IL compared to median property taxes around the country. The prevalent amount of property taxes in Blue Island, IL equals $3000, which is less than the national average.
- USA
- Blue Island, IL
Housing Trends
Blue Island, IL, USA Housing Trends
Average sale in Blue Island: $156,900 (-56.6%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 3 bed apartments | $53,900 | N/A |
| 4+ bed apartments | $259,900 | -28.1% |
During May 2021, the average price for an apartment in/near Blue Island, IL decreased by 56.6% to $156,900.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $53,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $259,900 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Houses for sale | $53,900 | -81.3% |
| Duplexes for sale | $259,900 | -32.7% |
According to statistics, average house is still $53,900 with no significant changes this month. An average value of duplex is $259,900, thus a median price for a duplex remains the same this month.
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