Stonington, IL is an area with a thriving housing market. The median value of homes in Stonington is $94,400, much lower than the national house median value of $338,100. Despite having a lower median home value than the national average, Stonington has seen a greater appreciation rate for its homes over the past year at 10.25%, compared to the national one-year appreciation rate of 8.27%. This makes Stonington an attractive place to invest in property as there is plenty of potential for growth and higher returns on investments.
The median home cost in Stonington (zip 62567) is $94,400. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Stonington (zip 62567) is up 11.6%.
Average Age of Homes
- The median age of Stonington (zip 62567) real estate is 63 years old
The Rental Market in Stonington (zip 62567)
- Renters make up 16.4% of the Stonington (zip 62567) population
- 2.9% of houses and apartments in Stonington (zip 62567), 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.