The housing market in Lynn Center, IL (zip code 61262) is currently quite affordable compared to the national average. The median value of housing in the area is $195,200 - significantly lower than the US House Median Value of $338,100. While house prices nationwide have appreciated 8.27% over the course of one year, houses in Lynn Center, IL have only appreciated by 6.99%, making it a great place for potential home buyers looking to get more bang for their buck.
The median home cost in Lynn Center (zip 61262) is $195,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Lynn Center (zip 61262) is up 8.3%.
Average Age of Homes
- The median age of Lynn Center (zip 61262) real estate is 52 years old
The Rental Market in Lynn Center (zip 61262)
- Renters make up 4.2% of the Lynn Center (zip 61262) population
- 4.1% of houses and apartments in Lynn Center (zip 61262), 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.