The housing market in 61053 Mount Carroll, IL is slightly below the national average. The median value of a house in 61053 Mount Carroll, IL is $114,800, compared to the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate is 8.27%, while the House 1 year appreciation rate for 61053 Mount Carroll, IL is 7.18%. This suggests that there are some opportunities available in this area for those looking to invest in real estate but at a lower cost than the national average.
The median home cost in Mount Carroll (zip 61053) is $114,800. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Mount Carroll (zip 61053) is up 14.1%.
Average Age of Homes
- The median age of Mount Carroll (zip 61053) real estate is 75 years old
The Rental Market in Mount Carroll (zip 61053)
- Renters make up 18.0% of the Mount Carroll (zip 61053) population
- 2.0% of houses and apartments in Mount Carroll (zip 61053), 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.