Housing in 61811 Alvin, IL is very affordable compared to the national average. The median value of homes in 61811 Alvin, IL is $141,700, which is significantly lower than the US median house value of $338,100. Additionally, over the last year, the appreciation rate for homes in 61811 Alvin, IL has been 8.72%, slightly higher than the US 1 year house appreciation rate of 8.27%. Overall, it appears that housing in 61811 Alvin, IL is an attractive option for those looking for both affordability and good potential returns on their investment.
The median home cost in Alvin (zip 61811) is $141,700. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Alvin (zip 61811) is up 14.5%.
Average Age of Homes
- The median age of Alvin (zip 61811) real estate is 59 years old
The Rental Market in Alvin (zip 61811)
- Renters make up 10.9% of the Alvin (zip 61811) population
- 1.3% of houses and apartments in Alvin (zip 61811), 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.