Housing in 61315 Bureau Junction, IL is comparatively less expensive than the national average. The median value of homes in the area is $64,400, which is significantly lower than the US median value of $338,100. Although appreciation of homes across the country increased by 8.27% over the past year, homes in 61315 Bureau Junction, IL only experienced a 6.44% increase in value. Despite this slight difference in appreciation rates, housing in the area remains attractive to buyers due to its lower cost and potential for increased value over time.
The median home cost in Bureau Junction (zip 61315) is $64,400. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Bureau Junction (zip 61315) is up 8.8%.
Average Age of Homes
- The median age of Bureau Junction (zip 61315) real estate is 78 years old
The Rental Market in Bureau Junction (zip 61315)
- Renters make up 13.9% of the Bureau Junction (zip 61315) population
- 1.7% of houses and apartments in Bureau Junction (zip 61315), 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.