Housing in 61764 Pontiac, IL appears to be quite affordable compared to the US median value of $338,100. The median housing value in Pontiac is estimated at $120,700, which is over 65% lower than the US median. In addition to being more affordable, the appreciation rate for homes in the area has been higher than the national average with a 1 year appreciation of 14.21%, compared to 8.27% nationally. This data suggests that Pontiac is an attractive place to buy property as it offers more affordability and a greater potential for growth in value over time.
The median home cost in Pontiac (zip 61764) is $120,700. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Pontiac (zip 61764) is up 16.3%.
Average Age of Homes
- The median age of Pontiac (zip 61764) real estate is 52 years old
The Rental Market in Pontiac (zip 61764)
- Renters make up 26.8% of the Pontiac (zip 61764) population
- 2.0% of houses and apartments in Pontiac (zip 61764), 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.