The housing market in 62856 Hanaford, IL is thriving. The median value of a house in the area is currently $67,900, which is significantly lower than the US house median value of $338,100. This makes house buying in Hanaford an attractive option for those looking to find an affordable place to live. Moreover, the one year house appreciation rate in Hanaford is 18.28%, which is much higher than the national average of 8.27%. These factors make investing in real estate in 62856 Hanaford an attractive option for those looking to get into the housing market.
The median home cost in Hanaford (zip 62856) is $67,900. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Hanaford (zip 62856) is up 11.3%.
Average Age of Homes
- The median age of Hanaford (zip 62856) real estate is 35 years old
The Rental Market in Hanaford (zip 62856)
- Renters make up 24.3% of the Hanaford (zip 62856) population
- 0.0% of houses and apartments in Hanaford (zip 62856), 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.