The housing market in German Valley, IL (zip code 61039) is comparatively more affordable than the national average. The median value of a house in German Valley is $155,500 compared to the US House Median Value of $338,100. Additionally, while the US House Appreciation rate over the past year was 8.27%, German Valley experienced 7.18% appreciation. This makes Germany Valley an attractive option for potential homebuyers who are looking for a reliable and affordable place to live or invest in real estate.
The median home cost in German Valley (zip 61039) is $155,500. Home appreciation the last 10 years has been 50.3%. Home Appreciation in German Valley (zip 61039) is up 14.1%.
Average Age of Homes
- The median age of German Valley (zip 61039) real estate is 56 years old
The Rental Market in German Valley (zip 61039)
- Renters make up 15.1% of the German Valley (zip 61039) population
- 1.5% of houses and apartments in German Valley (zip 61039), 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.