Zip 62932 (Elkville, IL) Housing

The housing market in Elkville, IL (zip code 62932) is quite comparable to the national trends. The median value of a house in Elkville is $67,500, which is much less than the US median of $338,100. While the one year rate of appreciation for houses across the US stands at 8.27%, it is not far behind at 8.05% for homes in Elkville. With such a favorable market trend and relatively low prices compared to some other parts of the nation, Elkville could be an attractive option for those looking to buy a home in 2021.

The median home cost in Elkville (zip 62932) is $67,500. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Elkville (zip 62932) is up 14.3%.

Average Age of Homes

- The median age of Elkville (zip 62932) real estate is 47 years old

The Rental Market in Elkville (zip 62932)

- Renters make up 21.6% of the Elkville (zip 62932) population
- 0.0% of houses and apartments in Elkville (zip 62932), 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	Elkville, Illinois	United States
	595.0	139,647,020.0
	48	42
	$67,500	$338,100
	14.3%	16.6%
	35.0%	57.0%
	35.3%	101.1%
	$20.04	$10.98
	$673	$2,690
	55.8%	57.4%
	15.6%	11.2%
	28.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	3.9%	0.4%
	0.0%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	10.8%	2.6%
	11.1%	2.4%
	20.2%	2.8%
	16.6%	3.9%
	14.2%	4.5%
	10.5%	11.3%
	7.8%	13.0%
	6.9%	20.1%
	1.8%	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%
	5.9%	13.6%
	5.9%	13.6%
	5.5%	13.6%
	20.7%	13.2%
	15.1%	14.8%
	5.5%	13.6%
	8.6%	10.0%
	6.6%	4.7%
	21.3%	12.2%

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