The housing market in 62849 Iuka, IL is booming. According to the latest data, the median value for housing in this area is $98,100, which is significantly lower than the US average of $338,100. Over the course of the past year, there has been an impressive 18.28% appreciation rate for housing in Iuka - far higher than the US national average of 8.27%. This represents a great opportunity for people looking to invest in real estate or buy their first home. When considering all these factors together it's clear that 62849 Iuka, IL is a great place to invest in real estate and take advantage of this flourishing market.
The median home cost in Iuka (zip 62849) is $98,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Iuka (zip 62849) is up 11.3%.
Average Age of Homes
- The median age of Iuka (zip 62849) real estate is 34 years old
The Rental Market in Iuka (zip 62849)
- Renters make up 10.7% of the Iuka (zip 62849) population
- 0.0% of houses and apartments in Iuka (zip 62849), 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.