The housing in 61278 Rapids City, IL has a median value of $178,800 which is considerably lower than the US housing median value of $338,100. In the last year alone, the US house appreciation has been 8.27% while the appreciation in 61278 Rapids City, IL was 6.99%. This difference may be due to several factors such as local economic conditions or population size. Nonetheless, it is clear that housing in this area is still relatively affordable for potential buyers and investors when compared to other parts of the country.
The median home cost in Rapids City (zip 61278) is $178,800. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Rapids City (zip 61278) is up 8.3%.
Average Age of Homes
- The median age of Rapids City (zip 61278) real estate is 58 years old
The Rental Market in Rapids City (zip 61278)
- Renters make up 7.9% of the Rapids City (zip 61278) population
- 0.0% of houses and apartments in Rapids City (zip 61278), 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.