The housing market in 61953 Tuscola, IL is quite impressive compared to the national average. The median value of homes in 61953 Tuscola is $145,100, which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate for homes in 61953 Tuscola far exceeds the US average rate of 8.27%, with an impressive 18.98% increase in value over the last year. This higher appreciation rate shows that real estate prices are quickly on the rise in this area and could be a great investment opportunity for potential home buyers or investors.
The median home cost in Tuscola (zip 61953) is $145,100. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Tuscola (zip 61953) is up 13.5%.
Average Age of Homes
- The median age of Tuscola (zip 61953) real estate is 50 years old
The Rental Market in Tuscola (zip 61953)
- Renters make up 18.9% of the Tuscola (zip 61953) population
- 0.6% of houses and apartments in Tuscola (zip 61953), 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.