In the small town of Groveland, IL (61535), the median housing value is $219,800. This is lower than the US national median value of $338,100. Over the past year, the appreciation rate of housing in Groveland has been 7.36%, slightly lower than the national rate of 8.27%. Despite being a bit lower than the national rate, this still shows steady growth in property values in Groveland. This indicates that investing in property in this area could be a solid choice for those looking to get into homeownership or make an investment.
The median home cost in Groveland (zip 61535) is $219,800. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Groveland (zip 61535) is up 7.3%.
Average Age of Homes
- The median age of Groveland (zip 61535) real estate is 46 years old
The Rental Market in Groveland (zip 61535)
- Renters make up 4.8% of the Groveland (zip 61535) population
- 0.0% of houses and apartments in Groveland (zip 61535), 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.