Housing in 61910 Arcola, IL is a great investment opportunity for those looking to purchase a home. The median value of a house is $125,500, which is significantly lower than the US median of $338,100. Furthermore, the past 1 year has seen an impressive appreciation rate of 18.98%, compared to 8.27% at the national level. This makes Arcola an attractive option for those looking to invest in real estate or buy a home in the area.
The median home cost in Arcola (zip 61910) is $125,500. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Arcola (zip 61910) is up 13.5%.
Average Age of Homes
- The median age of Arcola (zip 61910) real estate is 48 years old
The Rental Market in Arcola (zip 61910)
- Renters make up 19.2% of the Arcola (zip 61910) population
- 2.3% of houses and apartments in Arcola (zip 61910), 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.