McCullom Lake's October First-Time Homebuyer Report

With 1,049 residents, McCullom Lake is an average-sized city in Illinois. Also, with a 4.8% increase over the last 10 years, its population is growing faster than other parts of the state. McCullom Lake is made up of homes that are older than most with a median of 43 years.

Price Range

Some of the more expensive homes in Illinois are in McCullom Lake with a median home value of $161,300 and an average list price for available homes currently at $125,503. Fewer sellers put their homes up for sale in the McCullom Lake market over the last 30 days and the number of new listings tumbled this week to two. Home sales remained unchanged from the prior period and once again one home was sold.

Make sure you take a look at these eye-catching homes in McCullom Lake that generated the most views from potential buyers:

$114K   $239K   $145K  

Typical Dwelling

A two-bedroom detached home valued around $93,149 is considered a typical dwelling in McCullom Lake. If a buyer was looking for a similar home, they would need good credit and a $18,630 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $322 and the property tax rate is $19.70 per $1,000 of taxable assessed value.

Get started right now by checking out McCullom Lake homes for sale or reviewing McCullom Lake real estate trends.


Data reported through 10/13/2016

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