Housing in 61548 Metamora, IL is significantly more affordable than the national median housing value. The median value of a house in 61548 Metamora, IL is $230,400 which is much lower than the US median house value of $338,100. In the past year, appreciation of homes in 61548 Metamora, IL was 7.36%, slightly lower than the US as a whole at 8.27%. This implies that real estate investments in this area can be quite lucrative with reasonable returns. Overall, 61548 Metamora, IL is an appealing place to invest in real estate due to its low cost and relatively high rate of appreciation.
The median home cost in Metamora (zip 61548) is $230,400. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Metamora (zip 61548) is up 7.3%.
Average Age of Homes
- The median age of Metamora (zip 61548) real estate is 30 years old
The Rental Market in Metamora (zip 61548)
- Renters make up 14.6% of the Metamora (zip 61548) population
- 2.3% of houses and apartments in Metamora (zip 61548), 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.