Welcome to our 61038 real estate data hub, tailored for investors in Garden Prairie, IL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 61038 in Garden Prairie, IL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BOONE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Garden Prairie, IL real estate investing. Uncover the wealth of information available, and position yourself for success in the Garden Prairie property market.
-
Location Overview
- Zip Code: 61038
- City: Garden Prairie
- State: IL
- Metro Area: Rockford, IL
- County Name: BOONE COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $256,269
- Average Home Price (Single Family Homes): $253,488
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 1.5%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,040
- Average 3 Bedroom Section 8 Rental Rates: $1,380
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.53
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.48
- Number of Units Offered in Section 8 in the County: 347
- Number of Occupied Units in Section 8 in the County: 326
- Percentage of Section 8 Units Occupied in the County: 94%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 49.98
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.44%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.83%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.42%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 49.63%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.38%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 59.22%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%