The housing market in 62628 Chapin, IL is relatively affordable with the median value of homes being $91,300. This is approximately 73% lower than the US median value of $338,100. Moreover, the 1 year house appreciation rate for this location is 6.36%, which is 2.91% lower than the US average of 8.27%. Thus, those looking to purchase a home in 62628 Chapin may enjoy a more affordable price point and less volatile housing rates when compared to the nationwide average.
The median home cost in Chapin (zip 62628) is $91,300. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Chapin (zip 62628) is up 11.6%.
Average Age of Homes
- The median age of Chapin (zip 62628) real estate is 64 years old
The Rental Market in Chapin (zip 62628)
- Renters make up 10.2% of the Chapin (zip 62628) population
- 0.0% of houses and apartments in Chapin (zip 62628), 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.