The housing in 61454 Lomax, IL is quite affordable when compared to the US House Median Value of $338,100. The Housing Median Value in the area is much lower at $93,900 and has seen a one year appreciation rate of 7.76%, which is slightly lower than the national average of 8.27%. This makes 61454 Lomax an attractive option for potential home buyers who want to enjoy low median housing values and solid appreciation rates.
The median home cost in Lomax (zip 61454) is $93,900. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Lomax (zip 61454) is up 8.9%.
Average Age of Homes
- The median age of Lomax (zip 61454) real estate is 58 years old
The Rental Market in Lomax (zip 61454)
- Renters make up 15.7% of the Lomax (zip 61454) population
- 0.0% of houses and apartments in Lomax (zip 61454), 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.