The housing market in Cutler, IL (zip code 62238) is thriving. The median value of homes in this area is $89,600, which is significantly lower than the U.S. median house value of $338,100. Despite the lower price point, the one-year house appreciation rate in Cutler is 10.25%, which is higher than the national average of 8.27%. This demonstrates a strong trend in the growth and stability of Cutler's housing market - an attractive prospect for potential buyers and investors alike.
The median home cost in Cutler (zip 62238) is $89,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Cutler (zip 62238) is up 12.4%.
Average Age of Homes
- The median age of Cutler (zip 62238) real estate is 43 years old
The Rental Market in Cutler (zip 62238)
- Renters make up 11.0% of the Cutler (zip 62238) population
- 0.0% of houses and apartments in Cutler (zip 62238), 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.