The housing market in 61363 Standard, IL is a good buy for those looking for a place to call home. The median value of homes in this area is $115,200, much lower than the US house median value of $338,100. Although the one year house appreciation rate of 8.27% in the US is higher than the one year house appreciation rate of 6.44% in 61363 Standard, IL, the lower median value can make up for the difference and provide better returns on investment for buyers.
The median home cost in Standard (zip 61363) is $115,200. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Standard (zip 61363) is up 8.8%.
Average Age of Homes
- The median age of Standard (zip 61363) real estate is 63 years old
The Rental Market in Standard (zip 61363)
- Renters make up 26.9% of the Standard (zip 61363) population
- 0.0% of houses and apartments in Standard (zip 61363), 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.