City:

Lombard, IL

Lombard is a city in the state of illinois with a population of roughly 52,588. It is in DuPage County, Illinois the Chicago-Naperville-Elgin, IL-IN-WI core-based statistical areas (CBSA), and the Chicago-Naperville, IL-IN-WI combined statistical area (CSA).Its Zip codes include 60148 .

Trends in Home Prices in Lombard, IL

Real estate in Lombard, Illinois is a hot commodity. The city has seen an influx of people and businesses in recent years, which has led to an increase in real estate prices. Lombard is located in the northwest corner of the Chicago metropolitan area, which makes it a prime location for those looking to buy or lease property.

The city's population has grown by more than 10% since 2010, making it one of the fastest-growing cities in Illinois. This growth has led to increased demand for residential and commercial real estate. The median home price in Lombard was $269,000 as of September 2017, which is significantly higher than the statewide median home price of $183,500. In addition, the city's unemployment rate was 2.5% as of May 2017, which is lower than both the statewide unemployment rate (3%) and Chicago's unemployment rate (4%).

Lombard offers a variety of housing options for its residents. There are single-family homes as well as apartments and condos available for purchase or rent. Many properties are located near major shopping areas and schools. The city also offers a number of parks and recreational facilities that can be used by residents and visitors alike.

Those looking to buy property in Lombard should consider looking at properties that are within walking distance to amenities such as restaurants and shops. Additionally, homeowners should make sure their homes are properly maintained so that they remain attractive to potential buyers over time. Those looking to lease property should consider locating their business near popular shopping areas or schools so that they can attract customers from within the community as well as from outside of it

Price Index: Albany-Lebanon, OR

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