The housing market in Rinard, IL (62878) is currently very strong. According to recent statistics, the median value of a house in the area stands at $107,100 which is significantly lower than the national median value at $338,100. However, over the past year houses in Rinard have appreciated by 18.28%, much higher than the US average of 8.27%. This appreciation rate shows that many people are investing in real estate in this region and highlights its potential for future growth.
The median home cost in Rinard (zip 62878) is $107,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Rinard (zip 62878) is up 11.3%.
Average Age of Homes
- The median age of Rinard (zip 62878) real estate is 47 years old
The Rental Market in Rinard (zip 62878)
- Renters make up 10.9% of the Rinard (zip 62878) population
- 0.0% of houses and apartments in Rinard (zip 62878), 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.