The housing market in 62935 Galatia, IL is slightly below the average for the United States. According to the data provided, the median value of a house in Galatia is $83,700 which is significantly lower than the US median value of $338,100. Despite being below average, the 1 year house appreciation in Galatia was 8.05%, only 0.22% lower than the national average of 8.27%. Therefore, it's still possible to have potential for good investment returns in this market despite a lower median value compared to other parts of the nation.
The median home cost in Galatia (zip 62935) is $83,700. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Galatia (zip 62935) is up 14.3%.
Average Age of Homes
- The median age of Galatia (zip 62935) real estate is 43 years old
The Rental Market in Galatia (zip 62935)
- Renters make up 16.0% of the Galatia (zip 62935) population
- 0.8% of houses and apartments in Galatia (zip 62935), 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.