The housing market in 61813 Bement, IL is relatively strong compared to the national average. The median value of homes in 61813 Bement, IL is $106,900, significantly lower than the US house median value of $338,100. However, the 1-year house appreciation rate in this area is 8.72%, slightly higher than the US average of 8.27%. This signifies that home prices are increasing at a healthy rate and suggests that this area is a desirable place to invest in real estate.
The median home cost in Bement (zip 61813) is $106,900. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Bement (zip 61813) is up 14.5%.
Average Age of Homes
- The median age of Bement (zip 61813) real estate is 59 years old
The Rental Market in Bement (zip 61813)
- Renters make up 17.8% of the Bement (zip 61813) population
- 1.3% of houses and apartments in Bement (zip 61813), 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.