The median value of housing in Lacon, IL (61540) is $120,000, which is significantly lower than the U.S. median house value of $338,100. Over the past year, the appreciation rate for housing in Lacon has been 7.36%, lower than the national average of 8.27%. Despite this discrepancy in appreciation rates and values compared to the U.S., Lacon can still be a great place to live as it offers plenty of amenities, tight-knit communities and access to outdoor activities like fishing and hunting.
The median home cost in Lacon (zip 61540) is $120,000. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Lacon (zip 61540) is up 7.3%.
Average Age of Homes
- The median age of Lacon (zip 61540) real estate is 54 years old
The Rental Market in Lacon (zip 61540)
- Renters make up 10.4% of the Lacon (zip 61540) population
- 0.0% of houses and apartments in Lacon (zip 61540), 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.