Zip 61816 (Broadlands, IL) Housing

The housing market in 61816 Broadlands, IL has seen a steady increase in median value over the past year, at 8.72%, which is higher than the national average of 8.27%. The median value of homes in 61816 Broadlands, IL is currently $118,700, which is significantly lower than the national median of $338,100. This suggests that there are potential opportunities for investing in the area as well as for people looking to find a more affordable place to call home.

The median home cost in Broadlands (zip 61816) is $118,700. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Broadlands (zip 61816) is up 14.5%.

Average Age of Homes

- The median age of Broadlands (zip 61816) real estate is 78 years old

The Rental Market in Broadlands (zip 61816)

- Renters make up 20.0% of the Broadlands (zip 61816) population
- 0.0% of houses and apartments in Broadlands (zip 61816), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Broadlands, Illinois	United States
	174.0	139,647,020.0
	64	42
	$118,700	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$22.58	$10.98
	$2,333	$2,690
	68.4%	57.4%
	17.2%	11.2%
	14.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	17.2%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	5.0%	2.4%
	11.8%	2.8%
	9.2%	3.9%
	10.1%	4.5%
	20.2%	11.3%
	19.3%	13.0%
	2.5%	20.1%
	13.4%	13.6%
	5.0%	8.3%
	0.0%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	5.7%	13.6%
	5.7%	13.2%
	10.3%	14.8%
	5.7%	13.6%
	4.0%	10.0%
	2.3%	4.7%
	44.8%	12.2%

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