The housing in 61561 Roanoke, IL has a median value of $131,700, which is significantly lower than the US national median value of $338,100. Despite this gap, the home appreciation rate for Roanoke over the past year was still quite impressive at 7.36%, only slightly lower than the US national average of 8.27%. This indicates a strong market for Roanoke real estate and an attractive opportunity for prospective buyers in search of affordable homes that have a good chance to appreciate in value over time.
The median home cost in Roanoke (zip 61561) is $131,700. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Roanoke (zip 61561) is up 7.3%.
Average Age of Homes
- The median age of Roanoke (zip 61561) real estate is 56 years old
The Rental Market in Roanoke (zip 61561)
- Renters make up 21.5% of the Roanoke (zip 61561) population
- 0.0% of houses and apartments in Roanoke (zip 61561), 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.