Housing in 60941 Herscher, IL is quite affordable compared to the national median value. The median value of housing in 60941 Herscher, IL is $205,300, which is substantially lower than the US house median value of $338,100. Over the past year, the US house appreciation rate was 8.27%, while houses in 60941 Herscher, IL appreciated by 7.34%. This demonstrates that homes in this area are still worth investing in and renters can find a good deal on housing here.
The median home cost in Herscher (zip 60941) is $205,300. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Herscher (zip 60941) is up 15.4%.
Average Age of Homes
- The median age of Herscher (zip 60941) real estate is 50 years old
The Rental Market in Herscher (zip 60941)
- Renters make up 24.0% of the Herscher (zip 60941) population
- 2.4% of houses and apartments in Herscher (zip 60941), 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.