Housing in 61949 Redmon, IL is far more affordable than the median value for the US as a whole. The median value of housing in 61949 Redmon, IL is $90,300, whereas the median value for housing in the US is $338,100. In addition, the 1 year house appreciation rate for this area is 18.98%, which is much higher than the 8.27% appreciation rate for housing in the US overall. This means that those who are looking to invest in real estate or purchase a home in this area should have a lot of opportunities to find an affordable option and benefit from increasing property values over time.
The median home cost in Redmon (zip 61949) is $90,300. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Redmon (zip 61949) is up 13.5%.
Average Age of Homes
- The median age of Redmon (zip 61949) real estate is 66 years old
The Rental Market in Redmon (zip 61949)
- Renters make up 15.9% of the Redmon (zip 61949) population
- 0.0% of houses and apartments in Redmon (zip 61949), 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.