The housing market in 60537 Millington, IL is strong with a median value of $221,800. This is substantially lower than the US House median value of $338,100, but still above the national average. The 1 year appreciation rate for houses in 60537 Millington, IL is 9.58%, slightly higher than the US rate of 8.27%. This indicates that investing in real estate in this region could be a great opportunity for both home buyers and investors alike. With a relatively low median house value and high appreciation rate, 60537 Millington, IL could be a great choice for prospective buyers looking to get into the housing market.
The median home cost in Millington (zip 60537) is $221,800. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Millington (zip 60537) is up 14.1%.
Average Age of Homes
- The median age of Millington (zip 60537) real estate is 29 years old
The Rental Market in Millington (zip 60537)
- Renters make up 8.5% of the Millington (zip 60537) population
- 0.0% of houses and apartments in Millington (zip 60537), 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.