Zip 61024 (Durand, IL) Housing

The median value of housing in Durand, IL is 61024 is $167,200. This is substantially less than the US median value of $338,100. In the past year, the US has seen an appreciation rate of 8.27%, while housing in Durand has only experienced a 7.18% rate of appreciation. Thus, this area may be a great place for potential homebuyers to find an affordable home with potential for appreciation over time.

The median home cost in Durand (zip 61024) is $167,200. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Durand (zip 61024) is up 14.1%.

Average Age of Homes

- The median age of Durand (zip 61024) real estate is 44 years old

The Rental Market in Durand (zip 61024)

- Renters make up 15.4% of the Durand (zip 61024) population
- 0.7% of houses and apartments in Durand (zip 61024), 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	Durand, Illinois	United States
	1,072.0	139,647,020.0
	47	42
	$167,200	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$26.15	$10.98
	$3,776	$2,690
	72.8%	57.4%
	7.6%	11.2%
	19.6%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.9%	0.4%
	0.9%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	0.5%	2.4%
	1.2%	2.8%
	3.6%	3.9%
	9.0%	4.5%
	36.3%	11.3%
	20.8%	13.0%
	14.4%	20.1%
	2.6%	13.6%
	3.7%	8.3%
	4.2%	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%
	16.5%	13.6%
	16.5%	13.6%
	16.1%	13.6%
	7.4%	13.2%
	15.3%	14.8%
	16.1%	13.6%
	3.9%	10.0%
	7.7%	4.7%
	24.3%	12.2%

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