The housing market in 62824 Clay City, IL is very vibrant and strong. The median value of homes in Clay City is $97,600, which is far lower than the US median value of $338,100. Furthermore, the one-year house appreciation in Clay City is 18.28%, which is substantially higher than the US one-year house appreciation rate of 8.27%. This suggests that housing values are rising much faster in Clay City than in other parts of the country. This could be a great opportunity for potential homeowners looking to purchase a home in this area.
The median home cost in Clay City (zip 62824) is $97,600. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Clay City (zip 62824) is up 11.3%.
Average Age of Homes
- The median age of Clay City (zip 62824) real estate is 44 years old
The Rental Market in Clay City (zip 62824)
- Renters make up 10.5% of the Clay City (zip 62824) population
- 1.2% of houses and apartments in Clay City (zip 62824), 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.