The housing market in 61272 New Boston, IL is extremely affordable compared to the US median value. According to the provided context, the median value of a house in 61272 New Boston, IL is $107,900 whereas that of the US median value is much higher at $338,100. Although the one-year appreciation rate of houses in New Boston is slightly lower than that of the US at 6.99%, it still remains an attractive option for people looking for an affordable home. With such a low housing median value and encouraging appreciation rates, 61272 New Boston offers great prospects for prospective homeowners.
The median home cost in New Boston (zip 61272) is $107,900. Home appreciation the last 10 years has been 34.4%. Home Appreciation in New Boston (zip 61272) is up 8.3%.
Average Age of Homes
- The median age of New Boston (zip 61272) real estate is 65 years old
The Rental Market in New Boston (zip 61272)
- Renters make up 18.5% of the New Boston (zip 61272) population
- 0.0% of houses and apartments in New Boston (zip 61272), 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.