Zip 61281 (Sherrard, IL) Housing

In 61281 Sherrard, IL the median value of a house is $204,500. This is significantly lower than the US House Median Value which stands at $338,100. However, it has appearead to appreciate over the last year with a rate of 6.99%. Although this is slightly lower than the US average of 8.27%, it still shows that housing in this area is a good investment option and a viable place to call home.

The median home cost in Sherrard (zip 61281) is $204,500. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Sherrard (zip 61281) is up 8.3%.

Average Age of Homes

- The median age of Sherrard (zip 61281) real estate is 45 years old

The Rental Market in Sherrard (zip 61281)

- Renters make up 8.9% of the Sherrard (zip 61281) population
- 1.7% of houses and apartments in Sherrard (zip 61281), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sherrard, Illinois	United States
	1,060.0	139,647,020.0
	48	42
	$204,500	$338,100
	8.3%	16.6%
	28.5%	57.0%
	34.4%	101.1%
	$22.46	$10.98
	$4,205	$2,690
	82.7%	57.4%
	9.0%	11.2%
	8.3%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.4%	2.4%
	2.2%	2.8%
	5.5%	3.9%
	5.6%	4.5%
	15.7%	11.3%
	23.6%	13.0%
	30.0%	20.1%
	9.4%	13.6%
	1.5%	8.3%
	3.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.2%	13.6%
	4.2%	13.6%
	19.3%	13.6%
	3.6%	13.2%
	27.5%	14.8%
	19.3%	13.6%
	12.5%	10.0%
	2.3%	4.7%
	18.7%	12.2%

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