The housing market in 61259 Illinois City, IL is doing well but slightly below the national average. The median value of homes in 61259 Illinois City, IL is $206,300 while the median value of homes across the United States is $338,100. The US 1 year house appreciation rate was 8.27%, whereas the one-year house appreciation rate in this city was 6.99%. This means that although the housing market in 61259 Illinois City, IL is healthy and continuing to increase in value, it may not be growing at quite as fast a rate as many other places across the country.
The median home cost in Illinois City (zip 61259) is $206,300. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Illinois City (zip 61259) is up 8.3%.
Average Age of Homes
- The median age of Illinois City (zip 61259) real estate is 59 years old
The Rental Market in Illinois City (zip 61259)
- Renters make up 20.7% of the Illinois City (zip 61259) population
- 0.0% of houses and apartments in Illinois City (zip 61259), 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.