The housing in 62950 Jacob, IL is quite affordable compared to the US House Median Value. The Housing Median Value in 62950 Jacob, IL is $140,700, which is 58% of the US House Median Value of $338,100. The 1 year House Appreciation in 62950 Jacob, IL was 8.05%, which is slightly lower than the US 1 year House Appreciation of 8.27%. Since the housing value in 62950 Jacob, IL is significantly lower than the rest of the country and there has been only a slight decrease in appreciation over the past year, it could be seen as a great opportunity for people looking to buy or invest in property there.
The median home cost in Jacob (zip 62950) is $140,700. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Jacob (zip 62950) is up 14.3%.
Average Age of Homes
- The median age of Jacob (zip 62950) real estate is 54 years old
The Rental Market in Jacob (zip 62950)
- Renters make up 6.5% of the Jacob (zip 62950) population
- 0.0% of houses and apartments in Jacob (zip 62950), 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.