The housing median value in 60531 Leland, IL is 220,700, which is significantly lower than the US House Median Value of 338,100. However, the 1 year house appreciation in 60531 Leland, IL is 9.58%, which is higher than the US 1 year house appreciation of 8.27%. This shows that even though home values may be lower in this area compared to other parts of the country, it still offers a good return on investment. Overall, real estate in 60531 Leland IL provides good value at an affordable price point with a potential for greater return on investment if held over time.
The median home cost in Leland (zip 60531) is $220,700. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Leland (zip 60531) is up 14.1%.
Average Age of Homes
- The median age of Leland (zip 60531) real estate is 78 years old
The Rental Market in Leland (zip 60531)
- Renters make up 15.0% of the Leland (zip 60531) population
- 0.0% of houses and apartments in Leland (zip 60531), 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.