The housing market in 61344 Mineral, IL is significantly lower than the median value for the United States. The median house value in 61344 Mineral, IL is $97,600 compared to the US median of $338,100. Although appreciation rates have been on the rise across the country over the last year with an 8.27% increase, 61344 Mineral, IL has only seen a 6.44% increase over the same period of time. Despite this discrepancy, the housing market in 61344 Mineral, IL can still be a great opportunity for those looking to buy a home as prices are much more affordable than many other parts of the country.
The median home cost in Mineral (zip 61344) is $97,600. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Mineral (zip 61344) is up 8.8%.
Average Age of Homes
- The median age of Mineral (zip 61344) real estate is 66 years old
The Rental Market in Mineral (zip 61344)
- Renters make up 29.9% of the Mineral (zip 61344) population
- 0.0% of houses and apartments in Mineral (zip 61344), 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.