Zip 62241 (Ellis Grove, IL) Housing

The housing in 62241 Ellis Grove, IL is quite affordable compared to the national average. The median house value in 62241 Ellis Grove is $121,700 while the median value of a house in the US is $338,100, more than double the median value in 62241 Ellis Grove. In the past year, house appreciation has been 8.27% nationally and 10.25% in 62241 Ellis Grove. This means that homes in this area have appreciated faster than those across the country as a whole, making it an attractive location for potential homeowners.

The median home cost in Ellis Grove (zip 62241) is $121,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Ellis Grove (zip 62241) is up 12.4%.

Average Age of Homes

- The median age of Ellis Grove (zip 62241) real estate is 39 years old

The Rental Market in Ellis Grove (zip 62241)

- Renters make up 11.8% of the Ellis Grove (zip 62241) population
- 0.0% of houses and apartments in Ellis Grove (zip 62241), 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	Ellis Grove, Illinois	United States
	402.0	139,647,020.0
	47	42
	$121,700	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$14.27	$10.98
	$1,348	$2,690
	78.1%	57.4%
	14.4%	11.2%
	7.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	13.2%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	5.4%	2.4%
	16.2%	2.8%
	8.6%	3.9%
	5.4%	4.5%
	35.0%	11.3%
	14.7%	13.0%
	13.7%	20.1%
	0.3%	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%
	12.4%	13.6%
	12.4%	13.6%
	10.9%	13.6%
	13.7%	13.2%
	17.2%	14.8%
	10.9%	13.6%
	10.2%	10.0%
	5.0%	4.7%
	20.1%	12.2%

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