Zip 61438 (Good Hope, IL) Housing

Housing in 61438 Good Hope, IL is considerably more affordable than the median home value of $338,100 across the US. The median home value in 61438 Good Hope, IL is $101,600, only about one-third of the US median home value. Although appreciation rates for homes across the US have been 8.27% over the past year, the appreciation rate for housing in 61438 Good Hope, IL has been slightly lower at 7.76%. Therefore it may be a good time to invest in housing in this location since prices remain relatively low and appreciate at a steady rate.

The median home cost in Good Hope (zip 61438) is $101,600. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Good Hope (zip 61438) is up 8.9%.

Average Age of Homes

- The median age of Good Hope (zip 61438) real estate is 60 years old

The Rental Market in Good Hope (zip 61438)

- Renters make up 16.4% of the Good Hope (zip 61438) population
- 8.3% of houses and apartments in Good Hope (zip 61438), 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	Good Hope, Illinois	United States
	337.0	139,647,020.0
	63	42
	$101,600	$338,100
	8.9%	16.6%
	29.0%	57.0%
	28.7%	101.1%
	$21.52	$10.98
	$2,257	$2,690
	72.4%	57.4%
	16.3%	11.2%
	11.3%	31.4%
Vacant Housing
	8.3%	1.9%
	1.5%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	1.5%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	3.7%	2.4%
	15.6%	2.8%
	10.2%	3.9%
	15.2%	4.5%
	16.4%	11.3%
	14.8%	13.0%
	7.8%	20.1%
	4.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	2.5%	3.9%
	6.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.4%	13.6%
	7.4%	13.6%
	11.9%	13.6%
	3.0%	13.2%
	18.4%	14.8%
	11.9%	13.6%
	8.9%	10.0%
	5.3%	4.7%
	37.7%	12.2%

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