Zip 61080 (South Beloit, IL) Housing

The housing market in 61080 South Beloit, IL is very competitive. The median value for homes in this area is $183,200, which is significantly lower than the US median value of $338,100. Despite this difference, the appreciation rate for houses in 61080 South Beloit is still strong at 7.18%. This rate of growth is only slightly lower than the national 1-year house appreciation rate of 8.27%, indicating that the housing market in South Beloit has held its own even against larger trends.

The median home cost in South Beloit (zip 61080) is $183,200. Home appreciation the last 10 years has been 50.3%. Home Appreciation in South Beloit (zip 61080) is up 14.1%.

Average Age of Homes

- The median age of South Beloit (zip 61080) real estate is 33 years old

The Rental Market in South Beloit (zip 61080)

- Renters make up 21.0% of the South Beloit (zip 61080) population
- 3.2% of houses and apartments in South Beloit (zip 61080), 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	South Beloit, Illinois	United States
	4,629.0	139,647,020.0
	35	42
	$183,200	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$25.08	$10.98
	$3,421	$2,690
	70.6%	57.4%
	7.2%	11.2%
	22.3%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	3.1%	2.4%
	1.8%	2.8%
	9.5%	3.9%
	4.8%	4.5%
	37.4%	11.3%
	19.4%	13.0%
	9.0%	20.1%
	4.1%	13.6%
	0.3%	8.3%
	4.5%	9.7%
	0.5%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.6%	13.6%
	22.6%	13.6%
	23.9%	13.6%
	6.3%	13.2%
	12.6%	14.8%
	23.9%	13.6%
	11.7%	10.0%
	2.3%	4.7%
	11.3%	12.2%

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