The housing market in 61049 Lindenwood, IL has seen steady growth over the past year. The median house value for the area is $209,400, which is significantly lower than the US median house value of $338,100. Considering this discrepancy, the 1 year appreciation rate of 7.18% for houses in Lindenwood is still impressive and demonstrates a healthy and growing housing market. This rate is slightly lower than the 8.27% appreciation rate for the US as a whole, but it shows that investing in real estate in this area could be a wise decision for potential buyers.
The median home cost in Lindenwood (zip 61049) is $209,400. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Lindenwood (zip 61049) is up 14.1%.
Average Age of Homes
- The median age of Lindenwood (zip 61049) real estate is 53 years old
The Rental Market in Lindenwood (zip 61049)
- Renters make up 18.3% of the Lindenwood (zip 61049) population
- 0.0% of houses and apartments in Lindenwood (zip 61049), 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.