Housing in 62248 Hecker, IL is significantly more affordable than the US average. The median home value in 62248 Hecker, IL is $148,100, which is 56% lower than the US median home value of $338,100. Despite being lower in cost, housing in 62248 Hecker, IL has seen a greater appreciation rate over the last year than the US house appreciation rate. The US 1 year house appreciation rate is 8.27%, while the 1 year house appreciation rate in 62248 Hecker, IL is 10.25%. This indicates that housing prices are increasing faster in 62248 Hecker, IL than they are nationwide.
The median home cost in Hecker (zip 62248) is $148,100. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Hecker (zip 62248) is up 12.4%.
Average Age of Homes
- The median age of Hecker (zip 62248) real estate is 46 years old
The Rental Market in Hecker (zip 62248)
- Renters make up 26.0% of the Hecker (zip 62248) population
- 0.0% of houses and apartments in Hecker (zip 62248), 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.