The housing market in 62815 Bone Gap, IL is thriving. The median value of homes in the area is $79,800, which is significantly lower than the US House Median Value of $338,100. However, this does not mean that the area has a poor housing market; in fact, it has seen an 18.28% increase in housing appreciation over the last year – much higher than the 8.27% national average. As such, 62815 Bone Gap, IL offers a great opportunity for those looking for an affordable home and strong potential for growth in property value.
The median home cost in Bone Gap (zip 62815) is $79,800. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Bone Gap (zip 62815) is up 11.3%.
Average Age of Homes
- The median age of Bone Gap (zip 62815) real estate is 45 years old
The Rental Market in Bone Gap (zip 62815)
- Renters make up 13.7% of the Bone Gap (zip 62815) population
- 0.0% of houses and apartments in Bone Gap (zip 62815), 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.