The housing market in 62816 Bonnie, IL is booming! Median home values have risen to $86,800 compared to the national average of $338,100. The appreciation rate for homes in this area has been an impressive 18.28% over the past year, which is significantly higher than the 8.27% appreciation seen nationally. This high rate of growth makes 62816 a great place to purchase a home, as prices are expected to continue increasing over time.
The median home cost in Bonnie (zip 62816) is $86,800. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Bonnie (zip 62816) is up 11.3%.
Average Age of Homes
- The median age of Bonnie (zip 62816) real estate is 41 years old
The Rental Market in Bonnie (zip 62816)
- Renters make up 16.6% of the Bonnie (zip 62816) population
- 0.7% of houses and apartments in Bonnie (zip 62816), 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.