The housing market in Nora, IL (zip code 61059) is quite vibrant. The median house value in the area is $106,700, which is significantly lower than the US median house value of $338,100. Despite this difference, the one year house appreciation for homes in this area has been 7.18%, which is only slightly below the national average of 8.27%. The strong appreciation rate indicates that there are many people interested in buying and living in this community, making it an attractive place to live.
The median home cost in Nora (zip 61059) is $106,700. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Nora (zip 61059) is up 14.1%.
Average Age of Homes
- The median age of Nora (zip 61059) real estate is 51 years old
The Rental Market in Nora (zip 61059)
- Renters make up 22.7% of the Nora (zip 61059) population
- 0.0% of houses and apartments in Nora (zip 61059), 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.