In 61428 Oak Run, IL, the median value of housing is $288,900. This is significantly lower than the US median value of $338,100. Over the past year, houses have appreciated in Oak Run by 7.76%, which is slightly lower than the US average of 8.27%. This slower appreciation rate may be attributed to the lower median value compared to nationwide averages. Housing in Oak Run remains a relative bargain for potential buyers looking for a home in this area.
The median home cost in Oak Run (zip 61428) is $288,900. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Oak Run (zip 61428) is up 8.9%.
Average Age of Homes
- The median age of Oak Run (zip 61428) real estate is 25 years old
The Rental Market in Oak Run (zip 61428)
- Renters make up 2.4% of the Oak Run (zip 61428) population
- 0.0% of houses and apartments in Oak Run (zip 61428), 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.