The housing market in Spring Grove, IL (60081) is strong and has been appreciating rapidly over the past year. The median home value in Spring Grove is $331,100, slightly lower than the US median of $338,100. Despite this difference, the house appreciation rate in Spring Grove over the last year was 8.83%, slightly higher than the US rate of 8.27%. This positive trend indicates that now is a great time to invest in real estate in Spring Grove, IL.
The median home cost in Spring Grove (zip 60081) is $331,100. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Spring Grove (zip 60081) is up 14.5%.
Average Age of Homes
- The median age of Spring Grove (zip 60081) real estate is 24 years old
The Rental Market in Spring Grove (zip 60081)
- Renters make up 12.5% of the Spring Grove (zip 60081) population
- 0.0% of houses and apartments in Spring Grove (zip 60081), 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.