Housing in 61955 Vermilion, IL is very affordable compared to the US median value of $338,100. The median value for housing in Vermilion is $68,700 which is significantly lower than the national average. Interestingly enough, despite its affordable prices, appreciation for housing in 61955 Vermilion has been higher than the national average of 8.27%. Over the last year, home values have appreciated by 18.98%, far outpacing the national average and showing that investment in this area is a smart choice.
The median home cost in Vermilion (zip 61955) is $68,700. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Vermilion (zip 61955) is up 13.5%.
Average Age of Homes
- The median age of Vermilion (zip 61955) real estate is 76 years old
The Rental Market in Vermilion (zip 61955)
- Renters make up 15.7% of the Vermilion (zip 61955) population
- 0.0% of houses and apartments in Vermilion (zip 61955), 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.