The housing market in 61425 Carman, IL is looking quite promising. The median value of a house in this area is $132,900, which is much lower than the US median house value of $338,100. Despite the lower price tag, homeowners in 61425 Carman can still expect to see increasing returns as the 1 year house appreciation rate is 7.76%, just slightly below the national rate of 8.27%. Investing in property in this area appears to be a solid option with great potential for future profits.
The median home cost in Carman (zip 61425) is $132,900. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Carman (zip 61425) is up 8.9%.
Average Age of Homes
- The median age of Carman (zip 61425) real estate is 41 years old
The Rental Market in Carman (zip 61425)
- Renters make up 1.5% of the Carman (zip 61425) population
- 0.0% of houses and apartments in Carman (zip 61425), 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.