The housing situation in 61940 Metcalf, IL is very favorable. The median value of homes in 61940 is $57,800, significantly lower than the US median value of $338,100. Additionally, in the past year, the appreciation rate of homes in 61940 has been 18.98%, nearly double the US average appreciation rate of 8.27%. This strong appreciation rate indicates that 61940 homes are becoming increasingly desirable and valuable on the market.
The median home cost in Metcalf (zip 61940) is $57,800. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Metcalf (zip 61940) is up 13.5%.
Average Age of Homes
- The median age of Metcalf (zip 61940) real estate is 75 years old
The Rental Market in Metcalf (zip 61940)
- Renters make up 10.8% of the Metcalf (zip 61940) population
- 2.6% of houses and apartments in Metcalf (zip 61940), 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.