Zip 61046 (Lanark, IL) Housing

The housing in 61046 Lanark, IL is quite affordable compared to the US median value, with a median value of $239,000. In the past year, the appreciation rate has been 7.18%, which is slightly lower than the national average of 8.27%. People looking for an affordable place to live should definitely consider Lanark for its relatively low cost of living and steady house appreciation rate.

The median home cost in Lanark (zip 61046) is $239,000. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Lanark (zip 61046) is up 14.1%.

Average Age of Homes

- The median age of Lanark (zip 61046) real estate is 35 years old

The Rental Market in Lanark (zip 61046)

- Renters make up 9.3% of the Lanark (zip 61046) population
- 1.4% of houses and apartments in Lanark (zip 61046), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lanark, Illinois	United States
	1,894.0	139,647,020.0
	38	42
	$239,000	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$18.67	$10.98
	$2,504	$2,690
	49.4%	57.4%
	42.3%	11.2%
	8.3%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	35.2%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	4.1%	2.4%
	6.2%	2.8%
	11.3%	3.9%
	17.6%	4.5%
	14.1%	11.3%
	9.6%	13.0%
	18.9%	20.1%
	6.0%	13.6%
	0.6%	8.3%
	7.5%	9.7%
	0.0%	3.9%
	2.5%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	20.8%	13.6%
	20.8%	13.6%
	17.1%	13.6%
	16.1%	13.2%
	7.1%	14.8%
	17.1%	13.6%
	5.2%	10.0%
	4.8%	4.7%
	23.3%	12.2%

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