In 61231 Aledo, IL, the median value of a house is $128,100. This is significantly lower than the median house value in the United States, which is approximately $338,100. Despite this discrepancy in price, Aledo still experiences annual home appreciation at a rate of 6.99%, which is slightly below that of the US average of 8.27%. This shows that while homes may be cheaper in Aledo compared to other parts of the country, they still appreciate in value over time and provide an excellent investment opportunity for prospective buyers.
The median home cost in Aledo (zip 61231) is $128,100. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Aledo (zip 61231) is up 8.3%.
Average Age of Homes
- The median age of Aledo (zip 61231) real estate is 63 years old
The Rental Market in Aledo (zip 61231)
- Renters make up 27.0% of the Aledo (zip 61231) population
- 2.5% of houses and apartments in Aledo (zip 61231), 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.