The housing in 61937 Lovington, IL is much more economical than the national average. The median value of a house in 61937 Lovington, IL is $98,300 compared to the US House Median Value of $338,100. In the past year, the US House Appreciation was 8.27%, however, in 61937 Lovington, IL the 1 year House Appreciation was an impressive 18.98%. This means that property values are rising at a faster rate in 61937 Lovington IL than they are nationally. Therefore, this area is ideal for those who wish to find good quality and affordable housing at reasonable prices.
The median home cost in Lovington (zip 61937) is $98,300. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Lovington (zip 61937) is up 13.5%.
Average Age of Homes
- The median age of Lovington (zip 61937) real estate is 60 years old
The Rental Market in Lovington (zip 61937)
- Renters make up 21.4% of the Lovington (zip 61937) population
- 4.3% of houses and apartments in Lovington (zip 61937), 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.