Zip 62049 (Hillsboro, IL) Housing


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United States / Illinois / No Metro Area / Montgomery County / Hillsboro / Hillsboro (zip 62049)
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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingHillsboro, IllinoisUnited States
  2,967.0139,647,020.0
  6342
  $96,300$338,100
  10.0%16.6%
  35.8%57.0%
  42.8%101.1%
  $19.33$10.98
  $1,954$2,690
  66.9%57.4%
  11.0%11.2%
  22.0%31.4%
  Vacant Housing
  4.4%1.9%
  0.0%0.4%
  0.3%0.7%
  1.4%0.4%
  2.1%3.6%
  2.8%4.1%
  Value of Owner-Occupied Housing
  2.6%2.6%
  8.2%2.4%
  6.7%2.8%
  18.4%3.9%
  13.7%4.5%
  15.7%11.3%
  15.5%13.0%
  15.2%20.1%
  2.8%13.6%
  0.9%8.3%
  0.0%9.7%
  0.5%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  5.6%13.6%
  5.6%13.6%
  5.2%13.6%
  4.4%13.2%
  14.6%14.8%
  5.2%13.6%
  9.0%10.0%
  8.5%4.7%
  34.7%12.2%
Commute