The housing market in 61541 La Rose, IL is an attractive option for potential homeowners looking for a cheaper alternative to the US housing market. The median value of homes in this area is significantly lower at $85,800, compared to the US house median value of $338,100. In addition, while the US saw an appreciation of 8.27% in one year, La Rose, IL had an even higher appreciation rate at 7.36%. This indicates that La Rose has been seeing positive growth and may be an opportune market for potential buyers.
The median home cost in La Rose (zip 61541) is $85,800. Home appreciation the last 10 years has been 26.6%. Home Appreciation in La Rose (zip 61541) is up 7.3%.
Average Age of Homes
- The median age of La Rose (zip 61541) real estate is 69 years old
The Rental Market in La Rose (zip 61541)
- Renters make up 4.0% of the La Rose (zip 61541) population
- 0.0% of houses and apartments in La Rose (zip 61541), 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.