The housing market in 62049 Hillsboro, IL is relatively affordable compared to the US median value of $338,100. The median value for housing in this area is $96,300, making it a great option for those looking for an affordable home. The appreciation rate for homes in this area over the past year has been 7.96%, which is slightly lower than the US average of 8.27%. This suggests that the market has seen more modest growth over the past year, but may still be a great opportunity for buyers and investors alike.
The median home cost in Hillsboro (zip 62049) is $96,300. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Hillsboro (zip 62049) is up 10.0%.
Average Age of Homes
- The median age of Hillsboro (zip 62049) real estate is 57 years old
The Rental Market in Hillsboro (zip 62049)
- Renters make up 22.1% of the Hillsboro (zip 62049) population
- 4.4% of houses and apartments in Hillsboro (zip 62049), 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.