The housing median value in 61564 South Pekin, IL is $85,500, which is significantly lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the house 1 year appreciation rate in 61564 South Pekin, IL is a slightly lower 7.36%. This means that the housing market in this area has seen a steady appreciation over the past year, though at a slower rate than what was seen nationally. For those looking to buy property in 61564 South Pekin, IL there are currently affordable options that may be attractive to potential buyers.
The median home cost in South Pekin (zip 61564) is $85,500. Home appreciation the last 10 years has been 26.6%. Home Appreciation in South Pekin (zip 61564) is up 7.3%.
Average Age of Homes
- The median age of South Pekin (zip 61564) real estate is 59 years old
The Rental Market in South Pekin (zip 61564)
- Renters make up 18.7% of the South Pekin (zip 61564) population
- 0.0% of houses and apartments in South Pekin (zip 61564), 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.