The housing market in 62832 Du Quoin, IL is significantly more affordable than the US median, with the median value for houses being $88,100. Despite this lower value, there has been a significant appreciation of 18.28% over the last year as compared to 8.27% for the United States as a whole. This makes it an attractive option for potential homeowners looking to get their feet on the property ladder without having to pay an arm and a leg. The area also offers good prospects for those looking to build their wealth through real estate investments as appreciation rates are higher than average.
The median home cost in Du Quoin (zip 62832) is $88,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Du Quoin (zip 62832) is up 11.3%.
Average Age of Homes
- The median age of Du Quoin (zip 62832) real estate is 50 years old
The Rental Market in Du Quoin (zip 62832)
- Renters make up 27.2% of the Du Quoin (zip 62832) population
- 1.5% of houses and apartments in Du Quoin (zip 62832), 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.