The housing market in 62954 Junction, IL is relatively stable and affordable. The median value of all houses in the area is $107,500, which is significantly lower than the US house median value at $338,100. Despite this difference, the one year appreciation rate for housing in 62954 Junction, IL is 8.05%, which is only slightly lower than the national house appreciation rate of 8.27%. This shows that housing in 62954 Junction, IL remains a good investment for those looking to settle down in a secure and affordable neighborhood.
The median home cost in Junction (zip 62954) is $107,500. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Junction (zip 62954) is up 14.3%.
Average Age of Homes
- The median age of Junction (zip 62954) real estate is 35 years old
The Rental Market in Junction (zip 62954)
- Renters make up 3.5% of the Junction (zip 62954) population
- 0.0% of houses and apartments in Junction (zip 62954), 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.