The housing market in 62844 Grayville, IL is thriving. The median value of a house in the area is $68,600, while the national median value of a house is around $338,100. The one-year appreciation rate for houses nationally is 8.27%, whereas in 62844 Grayville it is 18.28%. This demonstrates that the area has strong potential for investment opportunities and long-term growth. With reasonable prices and strong appreciation rates, it’s no wonder why so many people are choosing to invest and live in 62844 Grayville.
The median home cost in Grayville (zip 62844) is $68,600. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Grayville (zip 62844) is up 11.3%.
Average Age of Homes
- The median age of Grayville (zip 62844) real estate is 62 years old
The Rental Market in Grayville (zip 62844)
- Renters make up 22.3% of the Grayville (zip 62844) population
- 1.0% of houses and apartments in Grayville (zip 62844), 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.