The median value for a home in Tonica, IL (61370) is $143,200. This is significantly lower than the US housing median value of $338,100. However, the one year house appreciation rate in Tonica is 6.44%, which is slightly lower than the national average of 8.27%. Despite the lower average housing cost and appreciation rate, Tonica remains an attractive option for homebuyers who want to invest in a stable market.
The median home cost in Tonica (zip 61370) is $143,200. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Tonica (zip 61370) is up 8.8%.
Average Age of Homes
- The median age of Tonica (zip 61370) real estate is 74 years old
The Rental Market in Tonica (zip 61370)
- Renters make up 19.2% of the Tonica (zip 61370) population
- 1.1% of houses and apartments in Tonica (zip 61370), 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.