The housing market in Seneca, IL (zip code 61360) is considerably lower than the average US median value. The median value of a home in this area is $195,900, while the US median is significantly higher at $338,100. Although the appreciation rate of homes in Seneca last year was still impressive at 6.44%, it pales in comparison to the national rate of 8.27%.
The median home cost in Seneca (zip 61360) is $195,900. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Seneca (zip 61360) is up 8.8%.
Average Age of Homes
- The median age of Seneca (zip 61360) real estate is 45 years old
The Rental Market in Seneca (zip 61360)
- Renters make up 21.5% of the Seneca (zip 61360) population
- 1.1% of houses and apartments in Seneca (zip 61360), 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.