Zip 61818 (Cerro Gordo, IL) Housing

The housing market in 61818 Cerro Gordo, IL is a strong one with the median value of homes being $111,100. This is significantly lower than the US House median value of $338,100 yet the appreciation rate for a one year period is 8.72%. This is higher than the US 1 year house appreciation of 8.27%. Therefore, homes in 61818 Cerro Gordo, IL are increasing in value faster than other homes across America.

The median home cost in Cerro Gordo (zip 61818) is $111,100. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Cerro Gordo (zip 61818) is up 14.5%.

Average Age of Homes

- The median age of Cerro Gordo (zip 61818) real estate is 55 years old

The Rental Market in Cerro Gordo (zip 61818)

- Renters make up 18.7% of the Cerro Gordo (zip 61818) population
- 1.7% of houses and apartments in Cerro Gordo (zip 61818), 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	Cerro Gordo, Illinois	United States
	713.0	139,647,020.0
	62	42
	$111,100	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$18.34	$10.98
	$1,907	$2,690
	72.7%	57.4%
	5.3%	11.2%
	22.0%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.4%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	5.0%	2.4%
	4.1%	2.8%
	12.4%	3.9%
	21.8%	4.5%
	34.2%	11.3%
	8.1%	13.0%
	12.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	2.2%	13.6%
	5.0%	13.2%
	28.1%	14.8%
	2.2%	13.6%
	16.4%	10.0%
	6.0%	4.7%
	29.0%	12.2%

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