The housing market in 61020 Davis Junction, IL is fairly healthy. The median value of homes in the area is at $215,900, slightly below the national average of $338,100. Despite being lower than the national average, the area has seen a 7.18% increase in house appreciation over the past year. This rate is substantially higher than the 8.27% growth rate for US housing as a whole. With this positive trend likely to continue, 61020 Davis Junction, IL looks to remain a viable and attractive place to purchase a home.
The median home cost in Davis Junction (zip 61020) is $215,900. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Davis Junction (zip 61020) is up 14.1%.
Average Age of Homes
- The median age of Davis Junction (zip 61020) real estate is 22 years old
The Rental Market in Davis Junction (zip 61020)
- Renters make up 10.9% of the Davis Junction (zip 61020) population
- 0.0% of houses and apartments in Davis Junction (zip 61020), 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.