Loves Park, IL Housing


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The housing market in Loves Park, IL is looking very positive. The median value of a house in the city is $155,100 which is significantly lower than the US median value of $338,100. This makes Loves Park an attractive option for homebuyers looking to get a great deal. Additionally, house appreciation over the past year has been 8.44%, a rate higher than the national average of 8.27%. These positive trends indicate that now is a great time to purchase a house in Loves Park and take advantage of the low prices and high appreciation rates.

The median home cost in Loves Park is $155,100. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Loves Park is up 12.6%.

Average Age of Homes
- The median age of Loves Park real estate is 33 years old
The Rental Market in Loves Park
- Renters make up 27.0% of the Loves Park population
- 1.8% of houses and apartments in Loves Park, 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

  HousingLoves Park, IllinoisUnited States
  10,409.0139,647,020.0
  3742
  $155,100$338,100
  12.6%16.6%
  51.9%57.0%
  55.3%101.1%
  $26.65$10.98
  $3,238$2,690
  63.3%57.4%
  5.5%11.2%
  31.2%31.4%
  Vacant Housing
  1.8%1.9%
  0.0%0.4%
  0.8%0.7%
  0.2%0.4%
  0.0%3.6%
  2.7%4.1%
  Value of Owner-Occupied Housing
  3.8%2.6%
  2.4%2.4%
  2.5%2.8%
  8.0%3.9%
  18.4%4.5%
  29.0%11.3%
  18.5%13.0%
  12.5%20.1%
  2.7%13.6%
  0.8%8.3%
  1.5%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  18.7%13.6%
  18.7%13.6%
  18.9%13.6%
  15.2%13.2%
  10.4%14.8%
  18.9%13.6%
  12.0%10.0%
  4.0%4.7%
  5.3%12.2%
Reviews for Loves Park
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Over 15 years ago

Reasonably priced real estate, groceries. Gas prices often the highest in  More

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