The housing market in Neponset, IL (zip code 61345) is significantly lower than the overall US median value of $338,100. In Neponset, the median value of a house is $127,800. Even though the overall appreciation rate of housing in the US is 8.27%, Neponset has an appreciation rate of 6.44%. This could be attributed to factors such as local job opportunities, incomes levels and general economic conditions in the region. Despite this, homes in Neponset are still competitively priced relative to other areas in the country. It is important to consider all these factors when making a decision on whether to buy or rent a property in this area.
The median home cost in Neponset (zip 61345) is $127,800. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Neponset (zip 61345) is up 8.8%.
Average Age of Homes
- The median age of Neponset (zip 61345) real estate is 64 years old
The Rental Market in Neponset (zip 61345)
- Renters make up 6.4% of the Neponset (zip 61345) population
- 0.0% of houses and apartments in Neponset (zip 61345), 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.