The housing market in Sheffield, IL (ZIP code 61361) is below the national average of $338,100. The median value for homes in Sheffield is currently $104,700, and in the past year home appreciation has been 6.44%, which is lower than the US average of 8.27%. Despite being slightly lower than the national rate of home appreciation, Sheffield still offers a great opportunity to invest in real estate due to its low median value. Homeowners in Sheffield can benefit from investing now and watching their property's value increase over time.
The median home cost in Sheffield (zip 61361) is $104,700. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Sheffield (zip 61361) is up 8.8%.
Average Age of Homes
- The median age of Sheffield (zip 61361) real estate is 78 years old
The Rental Market in Sheffield (zip 61361)
- Renters make up 22.0% of the Sheffield (zip 61361) population
- 0.0% of houses and apartments in Sheffield (zip 61361), 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.