The housing median value in 61863 Pesotum, IL is $174,900, which is significantly lower than the US house median value of $338,100. Despite the gap in median values between Pesotum and the US on a whole, both areas have seen similar increases in house appreciation over the last year. In fact, Pesotum's 1-year house appreciation rate is 8.72%, just slightly higher than the US' rate of 8.27%. This shows that housing values continue to remain strong and steady in Pesotum despite having a lower median value compared to other areas around the country.
The median home cost in Pesotum (zip 61863) is $174,900. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Pesotum (zip 61863) is up 14.5%.
Average Age of Homes
- The median age of Pesotum (zip 61863) real estate is 55 years old
The Rental Market in Pesotum (zip 61863)
- Renters make up 4.6% of the Pesotum (zip 61863) population
- 0.0% of houses and apartments in Pesotum (zip 61863), 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.