The housing market in 62034 Glen Carbon, IL is a stable and reliable market for potential buyers with a median value of $277,000. This is significantly lower than the US house median value of $338,100 and has an appreciation rate of 7.96%, which is slightly lower than the US 1 year house appreciation rate of 8.27%. Despite the slightly lower appreciation rate in Glen Carbon, IL, it remains an attractive option for those looking to invest in real estate due to its relatively low median value.
The median home cost in Glen Carbon (zip 62034) is $277,000. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Glen Carbon (zip 62034) is up 10.0%.
Average Age of Homes
- The median age of Glen Carbon (zip 62034) real estate is 26 years old
The Rental Market in Glen Carbon (zip 62034)
- Renters make up 29.2% of the Glen Carbon (zip 62034) population
- 1.2% of houses and apartments in Glen Carbon (zip 62034), 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.