The housing market in 61570 Washburn, IL is fairly competitive. The median value of homes in the area is $106,700, which is lower than the US median of $338,100. Over the past year, home values have appreciated 7.36%, slightly lower than the nationwide average of 8.27%. The relatively low median price combined with the modest appreciation rate could attract buyers looking for a good deal in a growing housing market.
The median home cost in Washburn (zip 61570) is $106,700. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Washburn (zip 61570) is up 7.3%.
Average Age of Homes
- The median age of Washburn (zip 61570) real estate is 58 years old
The Rental Market in Washburn (zip 61570)
- Renters make up 20.1% of the Washburn (zip 61570) population
- 0.0% of houses and apartments in Washburn (zip 61570), 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.