Housing in 61568 Tremont, IL is quite affordable compared to the national average. The median value of homes in 61568 Tremont, IL is $198,200, which is significantly lower than the US house median value of $338,100. In addition, the one-year appreciation for houses in 61568 Tremont,IL is 7.36%, which is slightly lower than the US house appreciation rate of 8.27%. This means that housing prices in 61568 Tremont, IL are increasing but at a much slower rate than the rest of the country. Overall, housing in 61568 Tremont, IL appears to still be an attractive option for those looking for an affordable place to live.
The median home cost in Tremont (zip 61568) is $198,200. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Tremont (zip 61568) is up 7.3%.
Average Age of Homes
- The median age of Tremont (zip 61568) real estate is 47 years old
The Rental Market in Tremont (zip 61568)
- Renters make up 13.0% of the Tremont (zip 61568) population
- 0.0% of houses and apartments in Tremont (zip 61568), 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.