The housing median value in 61319 Cornell, IL is $128,000, which is significantly lower than the US house median value of $338,100. In the past year, the house appreciation in 61319 Cornell, IL was 6.44%, compared to 8.27% nationally. This shows that housing values in 61319 Cornell have not grown as quickly as they have in other parts of the country over the last year. Despite this slower rate of appreciation, real estate remains a great investment opportunity in 61319 Cornell and can offer potential buyers some attractive opportunities to own a home at a reasonable price.
The median home cost in Cornell (zip 61319) is $128,000. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Cornell (zip 61319) is up 8.8%.
Average Age of Homes
- The median age of Cornell (zip 61319) real estate is 58 years old
The Rental Market in Cornell (zip 61319)
- Renters make up 16.6% of the Cornell (zip 61319) population
- 0.7% of houses and apartments in Cornell (zip 61319), 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.