Housing in Kane, IL (zip code 62054) is significantly more affordable than the national average. According to recent data, the median value of housing in Kane is $80,100 whereas the US House Median Value is $338,100. In terms of appreciation rates, Kane's real estate market showed a 1 year house appreciation rate of 7.96%, slightly lower than the national average of 8.27%. This points to a healthy local housing market that is slightly behind the national trend. Overall, this makes Kane a great place to live for those looking for reasonably priced homes with potential for growth.
The median home cost in Kane (zip 62054) is $80,100. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Kane (zip 62054) is up 10.0%.
Average Age of Homes
- The median age of Kane (zip 62054) real estate is 61 years old
The Rental Market in Kane (zip 62054)
- Renters make up 17.8% of the Kane (zip 62054) population
- 6.0% of houses and apartments in Kane (zip 62054), 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.