Zip 61087 (Warren, IL) Housing

In Warren, IL (zip code 61087), the median value of housing is $93,500. This is significantly lower than the US house median value of $338,100. Despite this disparity in median values, Warren still experienced a healthy 1 year appreciation rate of 7.18%, which is only slightly below the national average of 8.27%. This indicates that Warren's housing market may be on an upswing and that now might be a great time to invest in the area.

The median home cost in Warren (zip 61087) is $93,500. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Warren (zip 61087) is up 14.1%.

Average Age of Homes

- The median age of Warren (zip 61087) real estate is 72 years old

The Rental Market in Warren (zip 61087)

- Renters make up 20.3% of the Warren (zip 61087) population
- 0.8% of houses and apartments in Warren (zip 61087), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Warren, Illinois	United States
	728.0	139,647,020.0
	78	42
	$93,500	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$20.07	$10.98
	$2,343	$2,690
	75.8%	57.4%
	12.5%	11.2%
	11.7%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.4%	0.4%
	4.3%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	6.2%	2.4%
	13.2%	2.8%
	11.4%	3.9%
	28.3%	4.5%
	22.5%	11.3%
	8.3%	13.0%
	2.5%	20.1%
	1.8%	13.6%
	0.0%	8.3%
	0.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	2.6%	13.6%
	5.1%	13.2%
	17.0%	14.8%
	2.6%	13.6%
	10.0%	10.0%
	10.9%	4.7%
	47.1%	12.2%

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