The median value of housing in Loda, IL (60948) is lower than the US House Median Value by $111,500. Despite this, the one year appreciation rate for housing in Loda is still 7.34%, just slightly below the US House Appreciation Rate of 8.27%. This indicates that the housing market in Loda is healthy and growing despite prices being below average compared to the rest of the country.
The median home cost in Loda (zip 60948) is $226,600. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Loda (zip 60948) is up 15.4%.
Average Age of Homes
- The median age of Loda (zip 60948) real estate is 48 years old
The Rental Market in Loda (zip 60948)
- Renters make up 5.1% of the Loda (zip 60948) population
- 0.0% of houses and apartments in Loda (zip 60948), 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.