The housing market in 61545 Lowpoint, IL is slightly less expensive than the national average. The current median value for a home in Lowpoint is $206,900 compared to the national median of $338,100. While the US house appreciation rate over the last year was 8.27%, homes in 61545 Lowpoint appreciated by 7.36%. This indicates that while Lowpoint is not keeping up with the rest of the nation in terms of house prices and appreciation, it is still a relatively stable market. For those looking for an affordable place to purchase a home or invest in real estate, 61545 Lowpoint could be an attractive option.
The median home cost in Lowpoint (zip 61545) is $206,900. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Lowpoint (zip 61545) is up 7.3%.
Average Age of Homes
- The median age of Lowpoint (zip 61545) real estate is 71 years old
The Rental Market in Lowpoint (zip 61545)
- Renters make up 23.9% of the Lowpoint (zip 61545) population
- 0.0% of houses and apartments in Lowpoint (zip 61545), 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.