The housing in 60942 Hoopeston, IL is quite affordable, with a median value of $60,400, significantly lower than the US house median value of $338,100. In addition to its affordability, the housing market in Hoopeston has seen steady appreciation over the past year with an increase of 7.34%. This is slightly lower than the US 1 year house appreciation rate of 8.27%, but still an encouraging sign for those looking to buy in this area.
The median home cost in Hoopeston (zip 60942) is $60,400. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Hoopeston (zip 60942) is up 15.4%.
Average Age of Homes
- The median age of Hoopeston (zip 60942) real estate is 71 years old
The Rental Market in Hoopeston (zip 60942)
- Renters make up 28.9% of the Hoopeston (zip 60942) population
- 5.6% of houses and apartments in Hoopeston (zip 60942), 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.