Zip 62313 (Basco, IL) Housing


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The housing market in 62313 Basco, IL is quite impressive. The median value of homes is $83,900, which is significantly lower than the US house median value of $338,100. Despite this discrepancy in prices, the appreciation rate for homes in the area is 7.86%, which is nearly equal to the US 1 year house appreciation rate of 8.27%. This shows that the housing market in 62313 Basco, IL is stable and can be an attractive option for potential buyers looking for an affordable home in a safe community.

The median home cost in Basco (zip 62313) is $83,900. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Basco (zip 62313) is up 14.9%.

Average Age of Homes
- The median age of Basco (zip 62313) real estate is 75 years old
The Rental Market in Basco (zip 62313)
- Renters make up 5.0% of the Basco (zip 62313) population
- 0.0% of houses and apartments in Basco (zip 62313), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBasco, IllinoisUnited States
  181.0139,647,020.0
  5842
  $83,900$338,100
  14.9%16.6%
  31.7%57.0%
  45.4%101.1%
  $18.57$10.98
  $1,111$2,690
  70.7%57.4%
  21.5%11.2%
  7.7%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  8.3%3.6%
  13.3%4.1%
  Value of Owner-Occupied Housing
  14.8%2.6%
  20.3%2.4%
  4.7%2.8%
  14.1%3.9%
  0.0%4.5%
  28.9%11.3%
  8.6%13.0%
  8.6%20.1%
  0.0%13.6%
  0.0%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  8.8%13.6%
  8.8%13.6%
  6.1%13.6%
  1.1%13.2%
  20.4%14.8%
  6.1%13.6%
  6.1%10.0%
  0.6%4.7%
  56.9%12.2%
Commute

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