Housing in 62001 Alhambra, IL is a great option for those looking to purchase a home. The median house value in the area is 212,500, which is less than the US median house value of $338,100. Additionally, the 1 year house appreciation in this area is 7.96%, only slightly lower than the US average of 8.27%. This means that housing prices have been growing steadily in this area and that there is potential for further growth. Overall, 62001 Alhambra offers an attractive market for those interested in buying a home.
The median home cost in Alhambra (zip 62001) is $212,500. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Alhambra (zip 62001) is up 10.0%.
Average Age of Homes
- The median age of Alhambra (zip 62001) real estate is 43 years old
The Rental Market in Alhambra (zip 62001)
- Renters make up 17.3% of the Alhambra (zip 62001) population
- 2.2% of houses and apartments in Alhambra (zip 62001), 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.