The median value of housing in 62953 Joppa, IL is $99,100, which is significantly lower than the US housing median value of $338,100. Despite the gap in median values between the two areas, both have seen similar levels of appreciation over the past year. The US house appreciation rate was 8.27%, while the rate in Joppa was 8.05%. This demonstrates that despite lower prices Joppa still offers strong market performance for potential buyers or sellers looking to invest in this area.
The median home cost in Joppa (zip 62953) is $99,100. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Joppa (zip 62953) is up 14.3%.
Average Age of Homes
- The median age of Joppa (zip 62953) real estate is 55 years old
The Rental Market in Joppa (zip 62953)
- Renters make up 38.1% of the Joppa (zip 62953) population
- 4.8% of houses and apartments in Joppa (zip 62953), 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.