The housing market in 61277 Prophetstown, IL is slightly more affordable than the US median value of $338,100. The median value of a house in 61277 Prophetstown, IL is $119,200 and the one-year appreciation rate for the area is 6.99%, lower than the US's 8.27%. Despite being more affordable than most places in the United States, this area has seen an increase in housing value over the past year. This suggests that there may be more demand for housing in 61277 Prophetstown, IL leading to a higher appreciation rate for homeowners.
The median home cost in Prophetstown (zip 61277) is $119,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Prophetstown (zip 61277) is up 8.3%.
Average Age of Homes
- The median age of Prophetstown (zip 61277) real estate is 60 years old
The Rental Market in Prophetstown (zip 61277)
- Renters make up 19.8% of the Prophetstown (zip 61277) population
- 2.7% of houses and apartments in Prophetstown (zip 61277), 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.