Evansville, IL (62242) is a great place to live, with a median house value of $112,100. It is lower than the national median house value of $338,100, making it an attractive option for potential homeowners. Even more impressive is the 1 year house appreciation rate in Evansville, which is currently at 10.25%. This is higher than the US 1 year house appreciation rate of 8.27%, indicating that there may be good investment opportunities in this area. With its combination of affordability and higher than expected returns, Evansville is a great option for anyone looking to buy a home.
The median home cost in Evansville (zip 62242) is $112,100. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Evansville (zip 62242) is up 12.4%.
Average Age of Homes
- The median age of Evansville (zip 62242) real estate is 54 years old
The Rental Market in Evansville (zip 62242)
- Renters make up 12.1% of the Evansville (zip 62242) population
- 0.0% of houses and apartments in Evansville (zip 62242), 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.