Housing in 61318 Compton, IL is considerably more affordable than the national median, with a value of $137,800 compared to the US median of $338,100. This discrepancy is reflected in the appreciation trends as well; while the US experienced a 1 year appreciation rate of 8.27%, house values in 61318 Compton only increased by 6.44% over the same period. This can make investing or buying a home in this area attractive for those looking to maximize their purchasing power.
The median home cost in Compton (zip 61318) is $137,800. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Compton (zip 61318) is up 8.8%.
Average Age of Homes
- The median age of Compton (zip 61318) real estate is 78 years old
The Rental Market in Compton (zip 61318)
- Renters make up 24.0% of the Compton (zip 61318) population
- 0.3% of houses and apartments in Compton (zip 61318), 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.