The housing in 61721 Armington, IL is a great investment opportunity. The median value of houses in the area is $127,100 which is much lower than the US median house value of $338,100. Moreover, the 1 year house appreciation rate in this area is 14.21%, which is higher than the US national average of 8.27%. This indicates that investing in housing in Armington can be a lucrative option as prices can be expected to appreciate further over time.
The median home cost in Armington (zip 61721) is $127,100. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Armington (zip 61721) is up 16.3%.
Average Age of Homes
- The median age of Armington (zip 61721) real estate is 77 years old
The Rental Market in Armington (zip 61721)
- Renters make up 34.8% of the Armington (zip 61721) population
- 0.0% of houses and apartments in Armington (zip 61721), 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.