The housing market in 62615 Auburn, IL is a very competitive one. The median value of homes in this area is $149,600, which is significantly lower than the US median housing value of $338,100. In the last year, the US housing appreciation has been 8.27%, however the appreciation rate in 62615 Auburn, IL was 6.36%. Despite this rate being just slightly lower than the national average, it still indicates that homeowners are seeing some solid returns on their investments. With such a competitive market and increasing values, buyers should be sure to act quickly when they find something that meets their needs.
The median home cost in Auburn (zip 62615) is $149,600. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Auburn (zip 62615) is up 11.6%.
Average Age of Homes
- The median age of Auburn (zip 62615) real estate is 45 years old
The Rental Market in Auburn (zip 62615)
- Renters make up 16.3% of the Auburn (zip 62615) population
- 0.0% of houses and apartments in Auburn (zip 62615), 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.