The housing market in Bismarck, IL (61814) is currently quite promising. The median value for a house in this zip code is $129,400. This is much lower than the US median house value of $338,100, making housing in this area more accessible and affordable than elsewhere. Furthermore, over the past year, the appreciation rate for Housing in Bismarck has been 8.72%, higher than the national average of 8.27%. This indicates that real estate values are on an upward trend here; a great time to buy or invest in property in this area.
The median home cost in Bismarck (zip 61814) is $129,400. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Bismarck (zip 61814) is up 14.5%.
Average Age of Homes
- The median age of Bismarck (zip 61814) real estate is 58 years old
The Rental Market in Bismarck (zip 61814)
- Renters make up 28.9% of the Bismarck (zip 61814) population
- 0.0% of houses and apartments in Bismarck (zip 61814), 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.