The housing market in Yates City, IL is quite affordable with a median value of $104,600. This is significantly lower than the national median value of $338,100. Despite this, the one-year house appreciation rate for this area is still strong at 7.36%, just slightly lower than the national average of 8.27%. With its affordability and impressive appreciation rate, Yates City is an attractive option for potential home buyers.
The median home cost in Yates City (zip 61572) is $104,600. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Yates City (zip 61572) is up 7.3%.
Average Age of Homes
- The median age of Yates City (zip 61572) real estate is 58 years old
The Rental Market in Yates City (zip 61572)
- Renters make up 11.6% of the Yates City (zip 61572) population
- 1.5% of houses and apartments in Yates City (zip 61572), 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.