The housing market in 60470 Ransom, IL is quite strong. The median value of a house is $114,200, which is significantly lower than the US median value of $338,100. Despite the lower cost of housing in the area, it has still seen an impressive one-year appreciation rate of 9.35%. This is higher than the national one-year appreciation rate of 8.27%. Therefore, those interested in investing in the Ransom area can rest assured that their investments are likely to continue to pay off in the future.
The median home cost in Ransom (zip 60470) is $114,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Ransom (zip 60470) is up 13.7%.
Average Age of Homes
- The median age of Ransom (zip 60470) real estate is 70 years old
The Rental Market in Ransom (zip 60470)
- Renters make up 15.5% of the Ransom (zip 60470) population
- 0.0% of houses and apartments in Ransom (zip 60470), 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.