Housing in 62948 Herrin, IL is relatively affordable compared to the median value of houses in the United States. The median housing value in Herrin is $101,600, which is significantly lower than the US median at $338,100. However, there is still a significant appreciation rate for homes in Herrin over the past year at 8.05%. This number is just slightly below the US 1 year house appreciation rate of 8.27%. Overall, housing in 62948 Herrin, IL provides an affordable option for those looking to buy a home and enjoy steady returns on their investment as well.
The median home cost in Herrin (zip 62948) is $101,600. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Herrin (zip 62948) is up 14.3%.
Average Age of Homes
- The median age of Herrin (zip 62948) real estate is 51 years old
The Rental Market in Herrin (zip 62948)
- Renters make up 25.3% of the Herrin (zip 62948) population
- 4.3% of houses and apartments in Herrin (zip 62948), 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.