Zip 61353 (Paw Paw, IL) Housing

Housing in Paw Paw, IL (zip code 61353) is quite affordable compared to the national median. The median value for homes in this region is $160,100, nearly half of the US median of $338,100. Although the one year house appreciation rate in Paw Paw is lower than the national average at 6.44%, it remains a solid investment opportunity with considerable growth potential within the next year.

The median home cost in Paw Paw (zip 61353) is $160,100. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Paw Paw (zip 61353) is up 8.8%.

Average Age of Homes

- The median age of Paw Paw (zip 61353) real estate is 56 years old

The Rental Market in Paw Paw (zip 61353)

- Renters make up 23.4% of the Paw Paw (zip 61353) population
- 2.7% of houses and apartments in Paw Paw (zip 61353), 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	Paw Paw, Illinois	United States
	584.0	139,647,020.0
	62	42
	$160,100	$338,100
	8.8%	16.6%
	32.6%	57.0%
	36.1%	101.1%
	$23.13	$10.98
	$3,277	$2,690
	59.9%	57.4%
	20.9%	11.2%
	19.2%	31.4%
Vacant Housing
	2.7%	1.9%
	1.5%	0.4%
	9.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.4%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	3.7%	2.4%
	6.6%	2.8%
	5.1%	3.9%
	7.7%	4.5%
	30.6%	11.3%
	21.1%	13.0%
	17.4%	20.1%
	6.6%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	13.5%	13.6%
	3.9%	13.2%
	8.9%	14.8%
	13.5%	13.6%
	8.7%	10.0%
	3.4%	4.7%
	38.4%	12.2%

Reviews for Paw Paw

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Edgar · Paw Paw, IL

housing

Over 17 years ago

Housing costs are going up way beyond what local wages can support and real estate are extremely More