The housing market in 62016 Carrollton, IL is quite healthy. The median value of homes in the area stands at $105,500, which is much lower than the US average of $338,100. Despite that, home appreciation over the past year has been strong in 62016 Carrollton - 7.96%, just 0.31% lower than the US average of 8.27%. This reflects a positive trend in the local market and suggests that now would be a good time to consider investing in property in 62016 Carrollton.
The median home cost in Carrollton (zip 62016) is $105,500. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Carrollton (zip 62016) is up 10.0%.
Average Age of Homes
- The median age of Carrollton (zip 62016) real estate is 64 years old
The Rental Market in Carrollton (zip 62016)
- Renters make up 20.8% of the Carrollton (zip 62016) population
- 1.5% of houses and apartments in Carrollton (zip 62016), 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.