The median housing value in 61451 Laura, IL is $121,200, which is significantly lower than the US house median value of $338,100. The one-year appreciation rate for houses in 61451 Laura, IL has been 7.76%, slightly lower than the overall US one-year house appreciation rate of 8.27%. Despite a slight decrease in housing value and appreciation rate compared to the national average, 61451 Laura, IL is still a great place to invest in real estate due to its lower costs and potential for long-term growth.
The median home cost in Laura (zip 61451) is $121,200. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Laura (zip 61451) is up 8.9%.
Average Age of Homes
- The median age of Laura (zip 61451) real estate is 78 years old
The Rental Market in Laura (zip 61451)
- Renters make up 12.1% of the Laura (zip 61451) population
- 4.2% of houses and apartments in Laura (zip 61451), 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.