Zip 61047 (Leaf River, IL) Housing

The housing market in Leaf River, IL is slightly below the national average. The median value of a house in Leaf River is $172,600 which is much lower than the US median value of $338,100. The one year appreciation rate for homes in this area is 7.18% which is lower than the national rate of 8.27%. This indicates that while the housing market may not be as strong nationally, it still offers great potential for growth and investment.

The median home cost in Leaf River (zip 61047) is $172,600. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Leaf River (zip 61047) is up 14.1%.

Average Age of Homes

- The median age of Leaf River (zip 61047) real estate is 75 years old

The Rental Market in Leaf River (zip 61047)

- Renters make up 14.8% of the Leaf River (zip 61047) population
- 0.6% of houses and apartments in Leaf River (zip 61047), 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	Leaf River, Illinois	United States
	697.0	139,647,020.0
	63	42
	$172,600	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$17.78	$10.98
	$3,006	$2,690
	79.1%	57.4%
	4.7%	11.2%
	16.2%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	2.0%	2.4%
	5.6%	2.8%
	14.9%	3.9%
	14.0%	4.5%
	4.5%	11.3%
	16.3%	13.0%
	20.0%	20.1%
	13.8%	13.6%
	1.5%	8.3%
	6.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	14.3%	13.6%
	6.6%	13.2%
	5.6%	14.8%
	14.3%	13.6%
	10.6%	10.0%
	5.6%	4.7%
	35.7%	12.2%

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