Zip 62245 (Germantown, IL) Housing

The housing market in Germantown, IL (62245) is thriving. The median value of a house in the area is $177,900, which is significantly lower than the US median value of $338,100. This provides an attractive opportunity for potential buyers. Furthermore, the 1 year house appreciation rate in Germantown is 10.25%, which far exceeds the national average of 8.27%. This speaks to strong and steady growth in the local housing market.

The median home cost in Germantown (zip 62245) is $177,900. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Germantown (zip 62245) is up 12.4%.

Average Age of Homes

- The median age of Germantown (zip 62245) real estate is 42 years old

The Rental Market in Germantown (zip 62245)

- Renters make up 6.1% of the Germantown (zip 62245) population
- 1.2% of houses and apartments in Germantown (zip 62245), 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	Germantown, Illinois	United States
	764.0	139,647,020.0
	47	42
	$177,900	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$20.81	$10.98
	$3,399	$2,690
	86.1%	57.4%
	3.4%	11.2%
	10.5%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	5.0%	2.4%
	8.1%	2.8%
	1.5%	3.9%
	7.4%	4.5%
	13.8%	11.3%
	30.7%	13.0%
	17.0%	20.1%
	7.0%	13.6%
	0.3%	8.3%
	4.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	11.4%	13.6%
	14.8%	13.2%
	21.9%	14.8%
	11.4%	13.6%
	3.4%	10.0%
	6.8%	4.7%
	17.8%	12.2%

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