Zip 61262 (Lynn Center, IL) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLynn Center, IllinoisUnited States
  341.0139,647,020.0
  4942
  $195,200$338,100
  8.3%16.6%
  28.5%57.0%
  34.4%101.1%
  $21.07$10.98
  $3,241$2,690
  78.0%57.4%
  13.5%11.2%
  8.5%31.4%
  Vacant Housing
  4.1%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  9.4%4.1%
  Value of Owner-Occupied Housing
  8.6%2.6%
  4.1%2.4%
  0.0%2.8%
  3.8%3.9%
  11.7%4.5%
  19.2%11.3%
  7.1%13.0%
  26.7%20.1%
  12.0%13.6%
  1.9%8.3%
  4.9%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  12.0%13.6%
  12.0%13.6%
  2.1%13.6%
  2.1%13.2%
  24.0%14.8%
  2.1%13.6%
  7.3%10.0%
  0.0%4.7%
  24.9%12.2%
Commute