The housing market in 61724 Bellflower, IL is thriving. The median value of homes in this area is $102,000, which is significantly lower than the US median value of $338,100. In the past year alone, house appreciation has been quite strong in this area with a 14.21% increase compared to the 8.27% increase seen across the entire United States. This reflects strong demand from buyers for homes in this area and suggests that it may be a great place to invest in real estate.
The median home cost in Bellflower (zip 61724) is $102,000. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Bellflower (zip 61724) is up 16.3%.
Average Age of Homes
- The median age of Bellflower (zip 61724) real estate is 76 years old
The Rental Market in Bellflower (zip 61724)
- Renters make up 3.6% of the Bellflower (zip 61724) population
- 0.0% of houses and apartments in Bellflower (zip 61724), 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.