Zip 61348 (Oglesby, IL) Housing

The housing market in 61348 Oglesby, IL is vibrant and healthy. The median value of homes here is $117,200 which is significantly lower than the US median house value of $338,100. This makes Oglesby an attractive location for those looking for more value in their purchase. The 1 year house appreciation rate in Oglesby is 6.44%, slightly lower than the national average of 8.27%. Overall, 61348 Oglesby, IL offers a great value proposition to those looking to purchase a home and invest in a solid real estate market.

The median home cost in Oglesby (zip 61348) is $117,200. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Oglesby (zip 61348) is up 8.8%.

Average Age of Homes

- The median age of Oglesby (zip 61348) real estate is 60 years old

The Rental Market in Oglesby (zip 61348)

- Renters make up 18.9% of the Oglesby (zip 61348) population
- 0.3% of houses and apartments in Oglesby (zip 61348), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Oglesby, Illinois	United States
	2,157.0	139,647,020.0
	64	42
	$117,200	$338,100
	8.8%	16.6%
	32.6%	57.0%
	36.1%	101.1%
	$26.67	$10.98
	$2,926	$2,690
	70.2%	57.4%
	11.1%	11.2%
	18.6%	31.4%
Vacant Housing
	0.3%	1.9%
	1.3%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.3%	2.4%
	5.3%	2.8%
	12.2%	3.9%
	25.8%	4.5%
	22.3%	11.3%
	14.2%	13.0%
	13.7%	20.1%
	3.2%	13.6%
	0.3%	8.3%
	0.1%	9.7%
	1.1%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	8.3%	13.6%
	1.9%	13.2%
	12.1%	14.8%
	8.3%	13.6%
	17.5%	10.0%
	12.3%	4.7%
	25.6%	12.2%

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