Zip 62208 (Fairview Heights, IL) Housing

The housing median value in Fairview Heights, IL is $150,600, which is much lower than the US House Median Value of $338,100. However, the yearly appreciation rate of houses in Fairview Heights is 10.25%, higher than the 8.27% national average. This indicates that despite having a lower median house value than most other places in the United States, real estate investment opportunities in 62208 Fairview Heights are still profitable and may be worth considering for those looking to invest.

The median home cost in Fairview Heights (zip 62208) is $150,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Fairview Heights (zip 62208) is up 12.4%.

Average Age of Homes

- The median age of Fairview Heights (zip 62208) real estate is 40 years old

The Rental Market in Fairview Heights (zip 62208)

- Renters make up 23.5% of the Fairview Heights (zip 62208) population
- 3.2% of houses and apartments in Fairview Heights (zip 62208), 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	Fairview Heights, Illinois	United States
	8,174.0	139,647,020.0
	44	42
	$150,600	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$19.62	$10.98
	$2,774	$2,690
	53.5%	57.4%
	12.6%	11.2%
	34.0%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	1.2%	0.4%
	0.2%	3.6%
	7.1%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	2.7%	2.4%
	4.1%	2.8%
	6.2%	3.9%
	12.0%	4.5%
	27.2%	11.3%
	23.7%	13.0%
	19.9%	20.1%
	1.9%	13.6%
	0.5%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.4%	13.6%
	19.4%	13.6%
	10.2%	13.6%
	13.8%	13.2%
	18.9%	14.8%
	10.2%	13.6%
	15.6%	10.0%
	4.3%	4.7%
	4.0%	12.2%

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