The housing market in Weldon, IL (61882) is doing quite well. The median value for housing in Weldon is currently $119,600, which is substantially lower than the US national median of $338,100. Despite the lower starting point, the past year has seen an impressive 8.72% appreciation in home values in Weldon compared to a 8.27% rise nationally. This growth makes Weldon an attractive option for potential buyers looking for an affordable option with significant potential to grow over time.
The median home cost in Weldon (zip 61882) is $119,600. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Weldon (zip 61882) is up 14.5%.
Average Age of Homes
- The median age of Weldon (zip 61882) real estate is 67 years old
The Rental Market in Weldon (zip 61882)
- Renters make up 8.5% of the Weldon (zip 61882) population
- 0.0% of houses and apartments in Weldon (zip 61882), 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.