Zip 62341 (Hamilton, IL) Housing

Housing in 62341 Hamilton, IL is relatively affordable compared to the national average. According to recent data, the median housing value in this area is $99,200 while the median house value nationwide is roughly $338,100. Similarly, while there has been an 8.27% appreciation in US House prices over the past year, the appreciation rate in 62341 Hamilton, IL stands at 7.86%. This indicates that home values are growing moderately here but still remain relatively accessible for prospective buyers.

The median home cost in Hamilton (zip 62341) is $99,200. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Hamilton (zip 62341) is up 14.9%.

Average Age of Homes

- The median age of Hamilton (zip 62341) real estate is 48 years old

The Rental Market in Hamilton (zip 62341)

- Renters make up 22.0% of the Hamilton (zip 62341) population
- 0.0% of houses and apartments in Hamilton (zip 62341), 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	Hamilton, Illinois	United States
	1,561.0	139,647,020.0
	57	42
	$99,200	$338,100
	14.9%	16.6%
	31.7%	57.0%
	45.4%	101.1%
	$21.22	$10.98
	$2,167	$2,690
	69.4%	57.4%
	10.3%	11.2%
	20.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.7%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	6.2%	2.4%
	8.6%	2.8%
	9.1%	3.9%
	21.8%	4.5%
	28.7%	11.3%
	10.0%	13.0%
	8.3%	20.1%
	3.7%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.9%	13.6%
	6.9%	13.6%
	9.2%	13.6%
	8.6%	13.2%
	15.4%	14.8%
	9.2%	13.6%
	13.3%	10.0%
	4.7%	4.7%
	25.2%	12.2%

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