The housing market in the 61075 Scales Mound, IL area is slightly below the national average as the median house value is $178,100 compared to the US median of $338,100. Additionally, while the nation’s year-over-year appreciation rate sits at 8.27%, Scales Mound’s appreciation rate was 7.18%. This indicates that home prices in 61075 have appreciated at a slower pace than other areas across the country.
The median home cost in Scales Mound (zip 61075) is $178,100. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Scales Mound (zip 61075) is up 14.1%.
Average Age of Homes
- The median age of Scales Mound (zip 61075) real estate is 78 years old
The Rental Market in Scales Mound (zip 61075)
- Renters make up 11.8% of the Scales Mound (zip 61075) population
- 1.6% of houses and apartments in Scales Mound (zip 61075), 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.