The housing market in Wilmington, IL (60481) is thriving. The median value of houses in this area is $208,400, which is significantly lower than the US median of $338,100. Additionally, the 1 year house appreciation rate for Wilmington is 9.35%, which is slightly higher than the US appreciation rate of 8.27%. This shows that the housing market in Wilmington is growing and performing well above the national average.
The median home cost in Wilmington (zip 60481) is $208,400. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Wilmington (zip 60481) is up 13.7%.
Average Age of Homes
- The median age of Wilmington (zip 60481) real estate is 40 years old
The Rental Market in Wilmington (zip 60481)
- Renters make up 18.1% of the Wilmington (zip 60481) population
- 0.7% of houses and apartments in Wilmington (zip 60481), 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.