The housing market in 61018 Dakota, IL is currently quite favorable for potential homeowners. The current median value of a home in 61018 Dakota, IL is $142,000, which is significantly lower than the US median housing value of $338,100. In the past year, homes here have seen an appreciation rate of 7.18%, slightly lower than the national average of 8.27%. This means that now may be a great time to purchase a home in this area as prices are likely to rise over time. All in all, the housing market in 61018 Dakota, IL is quite promising for potential buyers and sellers alike.
The median home cost in Dakota (zip 61018) is $142,000. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Dakota (zip 61018) is up 14.1%.
Average Age of Homes
- The median age of Dakota (zip 61018) real estate is 78 years old
The Rental Market in Dakota (zip 61018)
- Renters make up 18.3% of the Dakota (zip 61018) population
- 0.0% of houses and apartments in Dakota (zip 61018), 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.