The housing in 61340 Mark, IL is significantly lower than the median value of housing across the US. The median value of a home in the area is $171,900 while the median value for homes across the US is $338,100. The housing appreciation rate for the US over the past year has been 8.27% which is higher than the 6.44% appreciation rate in 61340 Mark, IL. Despite this lower rate, it is still a good time to invest in real estate in this area as there are plenty of opportunities to take advantage of.
The median home cost in Mark (zip 61340) is $171,900. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Mark (zip 61340) is up 8.8%.
Average Age of Homes
- The median age of Mark (zip 61340) real estate is 47 years old
The Rental Market in Mark (zip 61340)
- Renters make up 18.2% of the Mark (zip 61340) population
- 0.0% of houses and apartments in Mark (zip 61340), 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.