The housing market in Elsah, IL 62028 is an attractive option for potential buyers. The median value of a home in this area is $139,200, which is significantly lower than the US house median value of $338,100. This price point makes Elsah's housing market highly accessible to various demographics and income levels. Additionally, the one-year appreciation rate of 7.96% is only slightly lower than the national one-year appreciation rate of 8.27%. This indicates that the housing market is growing at a healthy rate and shows potential for continued growth in the near future.
The median home cost in Elsah (zip 62028) is $139,200. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Elsah (zip 62028) is up 10.0%.
Average Age of Homes
- The median age of Elsah (zip 62028) real estate is 39 years old
The Rental Market in Elsah (zip 62028)
- Renters make up 16.9% of the Elsah (zip 62028) population
- 3.5% of houses and apartments in Elsah (zip 62028), 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.