The housing market in 60474 South Wilmington, IL is thriving. The median value of houses in this location is $152,900, which is significantly lower than the US median house value of $338,100. Furthermore, the 1-year appreciation rate of houses in this area has been 9.35%, higher than the national average of 8.27%. This shows that the demand for housing in this area is increasing and suggests that investing in the local housing market can be worthwhile.
The median home cost in South Wilmington (zip 60474) is $152,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in South Wilmington (zip 60474) is up 13.7%.
Average Age of Homes
- The median age of South Wilmington (zip 60474) real estate is 64 years old
The Rental Market in South Wilmington (zip 60474)
- Renters make up 17.4% of the South Wilmington (zip 60474) population
- 0.0% of houses and apartments in South Wilmington (zip 60474), 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.