Zip 61477 (Smithfield, IL) Housing

The housing market in 61477 Smithfield, IL is quite affordable. The median value of housing in the area is $99,500, much lower than the national median of $338,100. Although appreciation rates are slightly lower in Smithfield compared to the US overall (7.76% vs 8.27%), it is still a great opportunity for buyers to take advantage of. Investing in the real estate market in Smithfield could be a great way to build long-term wealth and security.

The median home cost in Smithfield (zip 61477) is $99,500. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Smithfield (zip 61477) is up 8.9%.

Average Age of Homes

- The median age of Smithfield (zip 61477) real estate is 45 years old

The Rental Market in Smithfield (zip 61477)

- Renters make up 15.9% of the Smithfield (zip 61477) population
- 0.0% of houses and apartments in Smithfield (zip 61477), 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	Smithfield, Illinois	United States
	233.0	139,647,020.0
	75	42
	$99,500	$338,100
	8.9%	16.6%
	29.0%	57.0%
	28.7%	101.1%
	$21.39	$10.98
	$1,311	$2,690
	71.2%	57.4%
	13.7%	11.2%
	15.0%	31.4%
Vacant Housing
	0.0%	1.9%
	2.6%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	11.2%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	16.9%	2.4%
	12.0%	2.8%
	16.3%	3.9%
	4.2%	4.5%
	3.6%	11.3%
	34.9%	13.0%
	1.2%	20.1%
	0.6%	13.6%
	3.6%	8.3%
	1.8%	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%
	5.2%	13.6%
	5.2%	13.6%
	4.3%	13.6%
	3.0%	13.2%
	20.2%	14.8%
	4.3%	13.6%
	2.6%	10.0%
	15.0%	4.7%
	40.3%	12.2%

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