The housing market in Ellery, IL (62833) has been booming over the last year. The median value of homes in the area is $88,200 which is significantly lower than the US median value of $338,100. While the US has experienced an impressive 8.27% appreciation rate for homes over the last year, Ellery has seen even higher growth with an 18.28% appreciation rate. This makes now a great time to buy property in Ellery as home values are sure to continue rising in the near future.
The median home cost in Ellery (zip 62833) is $88,200. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Ellery (zip 62833) is up 11.3%.
Average Age of Homes
- The median age of Ellery (zip 62833) real estate is 70 years old
The Rental Market in Ellery (zip 62833)
- Renters make up 11.0% of the Ellery (zip 62833) population
- 0.0% of houses and apartments in Ellery (zip 62833), 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.