The housing market in El Paso, IL (zip code 61738) is an attractive one, with a median value of $163,800. This is significantly lower than the US house median value of $338,100, making it an appealing option for those looking to buy a home. Further, while the US 1 year house appreciation rate stands at 8.27%, the 1 year house appreciation rate in El Paso exceeds that at 14.21%. This means that with each passing year, the value of homes in El Paso is increasing at a higher rate than other parts of the country.
The median home cost in El Paso (zip 61738) is $163,800. Home appreciation the last 10 years has been 40.7%. Home Appreciation in El Paso (zip 61738) is up 16.3%.
Average Age of Homes
- The median age of El Paso (zip 61738) real estate is 51 years old
The Rental Market in El Paso (zip 61738)
- Renters make up 21.6% of the El Paso (zip 61738) population
- 1.8% of houses and apartments in El Paso (zip 61738), 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.