The housing market in 62601 Alexander, IL is relatively affordable compared to the national average. The median value of homes in this area is $125,600 while the median house value for the US is $338,100. Although appreciation rates have been lower here than the US average over the past year, with 8.27% appreciation for the country and 6.36% for 62601 Alexander, IL, it is still an attractive option for potential homebuyers. If you are looking for an affordable yet reliable investment in a local housing market, then 62601 Alexander may be a great choice.
The median home cost in Alexander (zip 62601) is $125,600. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Alexander (zip 62601) is up 11.6%.
Average Age of Homes
- The median age of Alexander (zip 62601) real estate is 64 years old
The Rental Market in Alexander (zip 62601)
- Renters make up 21.3% of the Alexander (zip 62601) population
- 0.0% of houses and apartments in Alexander (zip 62601), 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.