Zip 61559 (Princeville, IL) Housing

The median value of a house in 61559 Princeville, IL is $162,700 which is significantly lower than the median value of a house in the United States which is $338,100. In the past year, U.S. housing appreciation was 8.27%, while Princeville's housing appreciation was 7.36%. This indicates that the demand for housing in Princeville is slightly lower than average compared to the rest of the country. Despite this, it is still an excellent opportunity to purchase a home at an affordable price with potential for long-term appreciation.

The median home cost in Princeville (zip 61559) is $162,700. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Princeville (zip 61559) is up 7.3%.

Average Age of Homes

- The median age of Princeville (zip 61559) real estate is 46 years old

The Rental Market in Princeville (zip 61559)

- Renters make up 14.1% of the Princeville (zip 61559) population
- 1.7% of houses and apartments in Princeville (zip 61559), 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	Princeville, Illinois	United States
	1,469.0	139,647,020.0
	53	42
	$162,700	$338,100
	7.3%	16.6%
	22.9%	57.0%
	26.6%	101.1%
	$24.57	$10.98
	$3,595	$2,690
	77.7%	57.4%
	5.7%	11.2%
	16.7%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.3%	2.4%
	3.9%	2.8%
	6.9%	3.9%
	18.1%	4.5%
	20.6%	11.3%
	15.0%	13.0%
	17.7%	20.1%
	9.8%	13.6%
	3.8%	8.3%
	1.8%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.6%	13.6%
	11.6%	13.6%
	8.5%	13.6%
	8.9%	13.2%
	18.9%	14.8%
	8.5%	13.6%
	9.9%	10.0%
	2.9%	4.7%
	33.7%	12.2%

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