The housing market in Marine, IL (62061) is a desirable area for potential homeowners. The median value of homes in this area is currently $207,500, which is significantly lower than the national median value of $338,100. The appreciation rate of homes in Marine, IL over the past year has been 7.96%, slightly lower than the national average appreciation rate of 8.27%. This makes Marine, IL an attractive option for individuals looking to purchase property at an affordable price while still having access to growth potential.
The median home cost in Marine (zip 62061) is $207,500. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Marine (zip 62061) is up 10.0%.
Average Age of Homes
- The median age of Marine (zip 62061) real estate is 49 years old
The Rental Market in Marine (zip 62061)
- Renters make up 16.7% of the Marine (zip 62061) population
- 0.0% of houses and apartments in Marine (zip 62061), 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.