McCullom Lake, IL has a median housing value of $168,200. This is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in McCullom Lake, IL is 8.83%, which is higher than the US 1 year House Appreciation rate of 8.27%. The comparatively high appreciation rate suggests that housing in McCullom Lake, IL may be a good investment opportunity for those looking to purchase real estate in the area.
The median home cost in McCullom Lake is $168,200. Home appreciation the last 10 years has been 54.6%. Home Appreciation in McCullom Lake is up 14.5%.
Average Age of Homes
- The median age of McCullom Lake real estate is 61 years old
The Rental Market in McCullom Lake
- Renters make up 31.4% of the McCullom Lake population
- 0.0% of houses and apartments in McCullom Lake, 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.