Housing in Hamburg, IL 62045 is a bit below the US median value at $207,600. However, appreciation rates are still strong with a 7.96% 1-year rate compared to the national average of 8.27%. With low prices and higher than average appreciation rates, this locality could be an ideal investment for those looking to purchase a home in Hamburg.
The median home cost in Hamburg (zip 62045) is $207,600. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Hamburg (zip 62045) is up 10.0%.
Average Age of Homes
- The median age of Hamburg (zip 62045) real estate is 67 years old
The Rental Market in Hamburg (zip 62045)
- Renters make up 7.5% of the Hamburg (zip 62045) population
- 1.2% of houses and apartments in Hamburg (zip 62045), 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.