Housing in 61088 Winnebago, IL is quite attractive compared to the national median. The median housing value for this area is $221,200, which is roughly 34% lower than the US house median of $338,100. This makes housing in this area more affordable and accessible for many residents. Despite the lower price tag, the appreciation of homes has been relatively consistent with the national average, with 1 year appreciation at 7.18%, just slightly below the US 1 year house appreciation of 8.27%. These numbers indicate that housing prices in Winnebago are on a steady rise and will likely continue to appreciate over time.
The median home cost in Winnebago (zip 61088) is $221,200. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Winnebago (zip 61088) is up 14.1%.
Average Age of Homes
- The median age of Winnebago (zip 61088) real estate is 31 years old
The Rental Market in Winnebago (zip 61088)
- Renters make up 13.2% of the Winnebago (zip 61088) population
- 1.9% of houses and apartments in Winnebago (zip 61088), 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.