The housing market in 62220 Belleville, IL is looking strong. The median value of houses in the area is $128,500, which is lower than the U.S. median house value of $338,100. However, compared to the national 1 year house appreciation rate of 8.27%, 62220 Belleville has seen a much higher 10.25% appreciation rate over the last year. This suggests that housing prices are on an upward trend and investing in the area could be a wise decision.
The median home cost in Belleville (zip 62220) is $128,500. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Belleville (zip 62220) is up 12.4%.
Average Age of Homes
- The median age of Belleville (zip 62220) real estate is 63 years old
The Rental Market in Belleville (zip 62220)
- Renters make up 28.4% of the Belleville (zip 62220) population
- 1.9% of houses and apartments in Belleville (zip 62220), 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.