The housing market in 61734 Delavan, IL is thriving. The median value of houses is $125,500, which is much lower than the US median value of $338,100. In the last year alone, house appreciation in 61734 Delavan has been 14.21%, significantly more than the US appreciation rate of 8.27%. This means that homeowners are seeing greater returns on their investments and more people are considering buying homes in this area. It's no wonder that so many people flock to this region; it offers a good balance between affordability and potential for growth.
The median home cost in Delavan (zip 61734) is $125,500. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Delavan (zip 61734) is up 16.3%.
Average Age of Homes
- The median age of Delavan (zip 61734) real estate is 63 years old
The Rental Market in Delavan (zip 61734)
- Renters make up 19.3% of the Delavan (zip 61734) population
- 1.5% of houses and apartments in Delavan (zip 61734), 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.