The housing in 61553 Norris, IL is much more affordable than the US median value of $338,100. The median value of a house in Norris, IL is $73,200. This is significantly lower than the national average, so it's a great place for those looking to buy a home on a budget. In addition to being affordable, the 1 year house appreciation rate in Norris was 7.36%, which is slightly lower than the US rate of 8.27%. For those interested in gaining equity quickly through buying real estate, Norris offers an attractive option.
The median home cost in Norris (zip 61553) is $73,200. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Norris (zip 61553) is up 7.3%.
Average Age of Homes
- The median age of Norris (zip 61553) real estate is 78 years old
The Rental Market in Norris (zip 61553)
- Renters make up 10.4% of the Norris (zip 61553) population
- 0.0% of houses and apartments in Norris (zip 61553), 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.