The housing median value in Mill Creek, IL (62961) is $50,800, which is significantly lower than the US House Median Value of $338,100. The US House Appreciation rate over the past year has been 8.27%, while the House Appreciation rate in Mill Creek has been 8.05%. This indicates that the area is seeing a steady increase in housing values, though still relatively low compared with other parts of the country. In general, this area may be a good option for those looking for an affordable home but one that may continue to appreciate over time.
The median home cost in Mill Creek (zip 62961) is $50,800. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Mill Creek (zip 62961) is up 14.3%.
Average Age of Homes
- The median age of Mill Creek (zip 62961) real estate is 78 years old
The Rental Market in Mill Creek (zip 62961)
- Renters make up 0.0% of the Mill Creek (zip 62961) population
- 0.0% of houses and apartments in Mill Creek (zip 62961), 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.