Zip 62027 (Eldred, IL) Housing

The housing market in 62027 Eldred, IL is on par with the national average. Median value of a home in the area is currently at $123,900 which is more than 36% lower than the US median value of $338,100. The one-year appreciation rate of homes in Eldred is 7.96%, slightly lower than the national average of 8.27%. Despite the difference, this still indicates that now is a good time to buy a home in Eldred as real estate values are projected to increase over time.

The median home cost in Eldred (zip 62027) is $123,900. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Eldred (zip 62027) is up 10.0%.

Average Age of Homes

- The median age of Eldred (zip 62027) real estate is 57 years old

The Rental Market in Eldred (zip 62027)

- Renters make up 30.8% of the Eldred (zip 62027) population
- 1.6% of houses and apartments in Eldred (zip 62027), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Eldred, Illinois	United States
	252.0	139,647,020.0
	77	42
	$123,900	$338,100
	10.0%	16.6%
	35.8%	57.0%
	42.8%	101.1%
	$17.20	$10.98
	$1,621	$2,690
	71.0%	57.4%
	16.7%	11.2%
	12.3%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.6%	0.4%
	0.0%	3.6%
	13.5%	4.1%
Value of Owner-Occupied Housing
	9.5%	2.6%
	4.5%	2.4%
	7.8%	2.8%
	14.0%	3.9%
	18.4%	4.5%
	16.2%	11.3%
	15.1%	13.0%
	14.0%	20.1%
	0.6%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	19.8%	13.6%
	6.7%	13.2%
	7.1%	14.8%
	19.8%	13.6%
	4.0%	10.0%
	6.7%	4.7%
	47.6%	12.2%

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