Chester, IL (62233) is a great place to consider for housing. The median value of housing in the area is $99,600 which is much lower than the national median value of $338,100. In addition, the one year house appreciation rate in Chester is 10.25%, significantly higher than the U.S. appreciation rate of 8.27%. This indicates that investing in housing in Chester could mean a large return on investment, making it an attractive option for potential home-buyers and investors alike.
The median home cost in Chester (zip 62233) is $99,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Chester (zip 62233) is up 12.4%.
Average Age of Homes
- The median age of Chester (zip 62233) real estate is 55 years old
The Rental Market in Chester (zip 62233)
- Renters make up 23.8% of the Chester (zip 62233) population
- 1.4% of houses and apartments in Chester (zip 62233), 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.