The housing market in 62905 Alto Pass, IL is very competitive. The median value for houses in this area is $113,300 which is significantly lower than the national median of $338,100. Despite this difference, the house appreciation rate in 62905 Alto Pass is only slightly lower than the US average at 8.05%. This suggests that it is a desirable area to live and invest in real estate due to its relatively low cost of living and attractive returns.
The median home cost in Alto Pass (zip 62905) is $113,300. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Alto Pass (zip 62905) is up 14.3%.
Average Age of Homes
- The median age of Alto Pass (zip 62905) real estate is 47 years old
The Rental Market in Alto Pass (zip 62905)
- Renters make up 12.2% of the Alto Pass (zip 62905) population
- 1.5% of houses and apartments in Alto Pass (zip 62905), 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.