The housing market in 62920 Cobden, IL is currently valued at $137,900. This is significantly lower than the US median value of $338,100. However, both Cobden and the US have seen a similar rate of appreciation in the past year with an 8.05% and 8.27% increase respectively. Despite the lower median value, this indicates that housing in Cobden is growing in value at a rate comparable to many other parts of the country.
The median home cost in Cobden (zip 62920) is $137,900. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Cobden (zip 62920) is up 14.3%.
Average Age of Homes
- The median age of Cobden (zip 62920) real estate is 42 years old
The Rental Market in Cobden (zip 62920)
- Renters make up 18.6% of the Cobden (zip 62920) population
- 1.3% of houses and apartments in Cobden (zip 62920), 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.