Housing in Augusta,IL (zip code 62311) is very affordable compared to the U.S. median value of $338,100. The median value for housing in this area is $133,000 which is significantly lower than the U.S median. Despite the lower price affordability, appreciation rates are still comparable as the 1 year house appreciation rate of 7.86% is only slightly lower than the U.S median of 8.27%. Overall, Augusta provides a great opportunity to purchase affordable and desirable housing in a safe and peaceful community.
The median home cost in Augusta (zip 62311) is $133,000. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Augusta (zip 62311) is up 14.9%.
Average Age of Homes
- The median age of Augusta (zip 62311) real estate is 51 years old
The Rental Market in Augusta (zip 62311)
- Renters make up 10.1% of the Augusta (zip 62311) population
- 1.2% of houses and apartments in Augusta (zip 62311), 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.