The housing market in 62014 Bunker Hill, IL is relatively strong compared to the national average. The median value of housing in 62014 Bunker Hill, IL is $153,100 compared to the US house median value of $338,100. While the US house appreciation rate over the past year was 8.27%, the appreciation rate for housing in 62014 Bunker Hill, IL was 7.96%. This indicates a slightly slower rate of appreciation for this area than nationally. Nevertheless, it points to a prosperous and healthy market for those looking to invest in housing in 62014 Bunker Hill, IL.
The median home cost in Bunker Hill (zip 62014) is $153,100. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Bunker Hill (zip 62014) is up 10.0%.
Average Age of Homes
- The median age of Bunker Hill (zip 62014) real estate is 45 years old
The Rental Market in Bunker Hill (zip 62014)
- Renters make up 14.7% of the Bunker Hill (zip 62014) population
- 3.3% of houses and apartments in Bunker Hill (zip 62014), 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.