The housing market in the 62611 zip code of Arenzville, IL is a bit below the national average. The median value of housing in the area is $140,900 compared to the US median value of $338,100. While the national home appreciation rate over the past year was 8.27%, Arenzville saw a slightly lower rate at 6.36%. Despite being somewhat below the national average, this low appreciation rate may be seen as an advantage for potential buyers in Arenzville since it means there will not be a dramatic increase in home prices in a short period of time.
The median home cost in Arenzville (zip 62611) is $140,900. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Arenzville (zip 62611) is up 11.6%.
Average Age of Homes
- The median age of Arenzville (zip 62611) real estate is 54 years old
The Rental Market in Arenzville (zip 62611)
- Renters make up 20.6% of the Arenzville (zip 62611) population
- 0.0% of houses and apartments in Arenzville (zip 62611), 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.