Housing in 61750 Lane, IL is significantly more affordable than the US average. The median value of a home in 61750 Lane is $135,500, which is much lower than the US median of $338,100. This makes it an attractive option for people looking to save on housing costs. Additionally, in the past year the appreciation rate of homes in 61750 Lane was 14.21%, much higher than the 8.27% national average. This makes it an attractive investment opportunity as well as a great place to live for those looking to own a home at an affordable price point.
The median home cost in Lane (zip 61750) is $135,500. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Lane (zip 61750) is up 16.3%.
Average Age of Homes
- The median age of Lane (zip 61750) real estate is 58 years old
The Rental Market in Lane (zip 61750)
- Renters make up 0.0% of the Lane (zip 61750) population
- 0.0% of houses and apartments in Lane (zip 61750), 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.