The housing market in 61565 Sparland, IL is slightly below the US House Median Value of $338,100, with a median value of $131,500. Despite being slightly below the US average, the housing in 61565 Sparland has seen a modest appreciation rate of 7.36%, which is just below the US average of 8.27%. Though this appreciation rate is lower than the national average it still indicates that investment into housing in 61565 Sparland is a secure option for potential buyers and investors.
The median home cost in Sparland (zip 61565) is $131,500. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Sparland (zip 61565) is up 7.3%.
Average Age of Homes
- The median age of Sparland (zip 61565) real estate is 43 years old
The Rental Market in Sparland (zip 61565)
- Renters make up 7.8% of the Sparland (zip 61565) population
- 0.0% of houses and apartments in Sparland (zip 61565), 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.