CICERO HOUSING MARKET INFORMATION With a population of 81,004, 25,031 total housing units (homes and apartments), and a median house value of $283,256, Cicero real estate and house prices are near the national average for all cities and towns. Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Cicero, accounting for 44.03% of the town's housing units. Other types of housing that are prevalent in Cicero include single-family detached homes ( 41.76%), large apartment complexes or high rise apartments ( 11.49%), and a few row houses and other attached homes ( 2.48%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen. People in Cicero primarily live in small (one, two or no bedroom) units, chiefly found in duplexes, homes converted to apartments or other small apartment buildings. Cicero has a mixture of owner-occupied and renter-occupied housing. The housing in Cicero was primarily built before 1939 ( 66.83%), making the housing stock in Cicero some of the oldest overall in America, although there is a range of ages of homes in Cicero. The next most important housing age is between 1940-1969 ( 23.33%), followed by between 1970-1999 ( 8.72%). There's also some housing in Cicero built between 2000 and later ( 1.13%). CICERO HOME APPRECIATION RATES In the last 10 years, Cicero has experienced some of the highest home appreciation rates of any community in the nation. Cicero real estate appreciated 122.95% over the last ten years, which is an average annual home appreciation rate of 8.35%, putting Cicero in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cicero definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Appreciation rates are so strong in Cicero that despite a nationwide downturn in the housing market, Cicero real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cicero appreciation rates continue to be some of the highest in America, at 10.28%, which is higher than appreciation rates in 83.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cicero. Cicero appreciation rates in the latest quarter were at 2.27%, which equates to an annual appreciation rate of 9.38%. Relative to Illinois, our data show that Cicero's latest annual appreciation rate is lower than 50% of the other cities and towns in Illinois. One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Cicero differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Cicero - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Cicero real estate investment or home purchase decisions.