The housing market in 61854 Mansfield, IL is a great investment opportunity with a median value of $169,600. This is significantly lower than the national median value of $338,100, offering potential buyers more purchasing power. Furthermore, the one-year house appreciation in 61854 Mansfield, IL is 8.72%, which is higher than the national appreciation rate of 8.27%. With these rates of appreciation and the relatively low median value, investing in the housing market of 61854 Mansfield, IL can be a great option for those looking to buy a home or make an investment.
The median home cost in Mansfield (zip 61854) is $169,600. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Mansfield (zip 61854) is up 14.5%.
Average Age of Homes
- The median age of Mansfield (zip 61854) real estate is 57 years old
The Rental Market in Mansfield (zip 61854)
- Renters make up 13.6% of the Mansfield (zip 61854) population
- 0.0% of houses and apartments in Mansfield (zip 61854), 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.