Zip 61529 (Elmwood, IL) Housing

61529 Elmwood, IL is a charming residential area with a median house value of $139,800. This is far below the US median house value of $338,100. Although the appreciation rate for housing in 61529 Elmwood is 7.36%, which is less than the US rate of 8.27%, it still provides an attractive investment opportunity for those looking to purchase property in the area. The low median house value combined with reasonable appreciation makes it an ideal place to settle down and call home.

The median home cost in Elmwood (zip 61529) is $139,800. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Elmwood (zip 61529) is up 7.3%.

Average Age of Homes

- The median age of Elmwood (zip 61529) real estate is 55 years old

The Rental Market in Elmwood (zip 61529)

- Renters make up 15.4% of the Elmwood (zip 61529) population
- 1.1% of houses and apartments in Elmwood (zip 61529), 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	Elmwood, Illinois	United States
	1,261.0	139,647,020.0
	64	42
	$139,800	$338,100
	7.3%	16.6%
	22.9%	57.0%
	26.6%	101.1%
	$24.19	$10.98
	$3,556	$2,690
	74.1%	57.4%
	10.1%	11.2%
	15.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	2.9%	0.7%
	1.7%	0.4%
	0.0%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	2.4%	2.8%
	6.5%	3.9%
	16.9%	4.5%
	25.3%	11.3%
	20.3%	13.0%
	24.7%	20.1%
	2.2%	13.6%
	1.1%	8.3%
	0.0%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	6.2%	13.6%
	3.7%	13.2%
	14.0%	14.8%
	6.2%	13.6%
	9.8%	10.0%
	9.0%	4.7%
	34.5%	12.2%

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