Zip 61853 (Mahomet, IL) Housing

The housing market in 61853 Mahomet, IL is above the national median value at $281,400. Over the past year, house values in this area have appreciated at 8.72%, higher than the U.S. average of 8.27%. This suggests that Mahomet is a desirable location for many looking to purchase a home and as such investing in the local housing market could be a great option for potential buyers.

The median home cost in Mahomet (zip 61853) is $281,400. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Mahomet (zip 61853) is up 14.5%.

Average Age of Homes

- The median age of Mahomet (zip 61853) real estate is 27 years old

The Rental Market in Mahomet (zip 61853)

- Renters make up 16.8% of the Mahomet (zip 61853) population
- 4.0% of houses and apartments in Mahomet (zip 61853), 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

Housing	Mahomet, Illinois	United States
	5,294.0	139,647,020.0
	29	42
	$281,400	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$20.84	$10.98
	$4,783	$2,690
	78.7%	57.4%
	9.2%	11.2%
	12.1%	31.4%
Vacant Housing
	4.0%	1.9%
	0.0%	0.4%
	3.5%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	2.9%	2.4%
	0.4%	2.8%
	1.5%	3.9%
	1.8%	4.5%
	4.6%	11.3%
	22.6%	13.0%
	33.7%	20.1%
	16.7%	13.6%
	5.7%	8.3%
	4.8%	9.7%
	0.9%	3.9%
	0.4%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	17.1%	13.6%
	15.1%	13.2%
	16.3%	14.8%
	17.1%	13.6%
	4.6%	10.0%
	1.1%	4.7%
	2.8%	12.2%

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