Zip 61243 (Deer Grove, IL) Housing

The housing market in 61243 Deer Grove, IL is currently valued at $162,000. This is significantly lower than the national median home value of $338,100. Despite this difference, the area does still follow a similar trend of appreciation with a 1 year appreciation rate of 6.99%, slightly lower than the national average of 8.27%. Therefore, those looking to invest in this area will find potential value despite the lower market value.

The median home cost in Deer Grove (zip 61243) is $162,000. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Deer Grove (zip 61243) is up 8.3%.

Average Age of Homes

- The median age of Deer Grove (zip 61243) real estate is 72 years old

The Rental Market in Deer Grove (zip 61243)

- Renters make up 37.9% of the Deer Grove (zip 61243) population
- 0.0% of houses and apartments in Deer Grove (zip 61243), 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	Deer Grove, Illinois	United States
	142.0	139,647,020.0
	64	42
	$162,000	$338,100
	8.3%	16.6%
	28.5%	57.0%
	34.4%	101.1%
	$22.34	$10.98
	$4,262	$2,690
	85.2%	57.4%
	2.1%	11.2%
	12.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	5.0%	2.8%
	5.0%	3.9%
	3.3%	4.5%
	19.0%	11.3%
	14.1%	13.0%
	30.6%	20.1%
	14.9%	13.6%
	8.3%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.0%	13.6%
	19.0%	13.6%
	2.8%	13.6%
	5.6%	13.2%
	4.2%	14.8%
	2.8%	13.6%
	12.7%	10.0%
	14.8%	4.7%
	26.1%	12.2%

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