The housing market in 61754 McLean, IL is thriving. According to recent estimates, the median housing value is $144,100, significantly lower than the US median of $338,100. However, the rate of appreciation for homes in this area has been much higher than the national average, at 14.21% compared to 8.27%. This strong growth suggests that McLean is a great place to invest in real estate.
The median home cost in McLean (zip 61754) is $144,100. Home appreciation the last 10 years has been 40.7%. Home Appreciation in McLean (zip 61754) is up 16.3%.
Average Age of Homes
- The median age of McLean (zip 61754) real estate is 54 years old
The Rental Market in McLean (zip 61754)
- Renters make up 14.4% of the McLean (zip 61754) population
- 1.4% of houses and apartments in McLean (zip 61754), 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.