The housing market in 62927 Dowell, IL is comparable to the US average. The median value of housing in 62927 Dowell, IL is $49,000 which is significantly lower than the nationwide median value of $338,100. Despite this difference, the 1 year house appreciation in 62927 Dowell, IL is only slightly lower than the national average with 8.05% compared to 8.27%. This suggests that the housing market in 62927 Dowell, IL may be on par with other parts of the country and may offer a good opportunity for potential buyers looking to invest.
The median home cost in Dowell (zip 62927) is $49,000. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Dowell (zip 62927) is up 14.3%.
Average Age of Homes
- The median age of Dowell (zip 62927) real estate is 66 years old
The Rental Market in Dowell (zip 62927)
- Renters make up 18.9% of the Dowell (zip 62927) population
- 0.0% of houses and apartments in Dowell (zip 62927), 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.