The housing market in 61917 Brocton, IL is a dynamic and rapidly growing one. According to the data in my context, the median value of homes in this area is $83,200, less than a quarter of the US median value of $338,100. This could make it an attractive option for those looking for more affordable housing options. Despite its lower cost of living, 61917 Brocton still has seen significant growth over the last year with an appreciation rate of 18.98%, far higher than the US average of 8.27%. This could indicate that 61917 Brocton is becoming increasingly desirable as a place to live and that there are plenty of opportunities to take advantage of in this area's real estate market.
The median home cost in Brocton (zip 61917) is $83,200. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Brocton (zip 61917) is up 13.5%.
Average Age of Homes
- The median age of Brocton (zip 61917) real estate is 71 years old
The Rental Market in Brocton (zip 61917)
- Renters make up 16.1% of the Brocton (zip 61917) population
- 1.8% of houses and apartments in Brocton (zip 61917), 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.