The housing market in 62532 Elwin, IL is on the rise. The median value of a house in the area is $119,400, which is significantly lower than the US median value of $338,100. Over the past year, the US has seen a house appreciation of 8.27%, while Elwin has experienced an even higher rate of 10.25%. This indicates that homes are becoming more valuable and desirable in Elwin, making it an attractive option for potential home buyers.
The median home cost in Elwin (zip 62532) is $119,400. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Elwin (zip 62532) is up 11.6%.
Average Age of Homes
- The median age of Elwin (zip 62532) real estate is 63 years old
The Rental Market in Elwin (zip 62532)
- Renters make up 0.0% of the Elwin (zip 62532) population
- 0.0% of houses and apartments in Elwin (zip 62532), 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.