The housing market in Ellisville, IL (zip code 61431) is quite robust. The median value of a house in the area is $134,400, which is much lower than the US median value of $338,100. Over the last year, house appreciation has been 7.76% in Ellisville compared to 8.27% nationwide. This makes it an ideal location for people looking for a good investment opportunity or those who want to buy within a budget. Because of its competitive prices and relatively high increase in value over time, Ellisville remains a popular choice for home-seekers throughout the region.
The median home cost in Ellisville (zip 61431) is $134,400. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Ellisville (zip 61431) is up 8.9%.
Average Age of Homes
- The median age of Ellisville (zip 61431) real estate is 78 years old
The Rental Market in Ellisville (zip 61431)
- Renters make up 22.6% of the Ellisville (zip 61431) population
- 0.0% of houses and apartments in Ellisville (zip 61431), 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.