Zip 61241 (Colona, IL) Housing

In Colona, IL (zip code 61241), the median value of homes is $151,300. This is considerably lower than the national average of $338,100. Despite this disparity in housing values, home appreciation in Colona has still grown over the last year by a rate of 6.99%, which is slightly lower than the national average of 8.27%. Clearly, this area offers residents affordable housing options with a relatively low cost of living when compared to other places in the US.

The median home cost in Colona (zip 61241) is $151,300. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Colona (zip 61241) is up 8.3%.

Average Age of Homes

- The median age of Colona (zip 61241) real estate is 45 years old

The Rental Market in Colona (zip 61241)

- Renters make up 13.1% of the Colona (zip 61241) population
- 1.9% of houses and apartments in Colona (zip 61241), 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	Colona, Illinois	United States
	2,997.0	139,647,020.0
	49	42
	$151,300	$338,100
	8.3%	16.6%
	28.5%	57.0%
	34.4%	101.1%
	$22.12	$10.98
	$3,177	$2,690
	77.2%	57.4%
	6.2%	11.2%
	16.6%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	5.1%	2.6%
	2.6%	2.4%
	2.4%	2.8%
	6.1%	3.9%
	12.9%	4.5%
	23.9%	11.3%
	28.1%	13.0%
	16.0%	20.1%
	0.3%	13.6%
	0.6%	8.3%
	1.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	11.8%	13.6%
	5.1%	13.2%
	30.2%	14.8%
	11.8%	13.6%
	15.1%	10.0%
	6.5%	4.7%
	10.2%	12.2%

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