Zip 62540 (Kincaid, IL) Housing

The housing market in Kincaid, IL (zip code 62540) is relatively affordable compared to the national median value. The median value of a house in Kincaid is $79,900, while the US median value is $338,100. Additionally, house appreciation over the past year in Kincaid has been 10.25%, slightly higher than the US average of 8.27%. This suggests that housing demand has been strong for this area and that prices should continue to rise going forward.

The median home cost in Kincaid (zip 62540) is $79,900. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Kincaid (zip 62540) is up 11.6%.

Average Age of Homes

- The median age of Kincaid (zip 62540) real estate is 59 years old

The Rental Market in Kincaid (zip 62540)

- Renters make up 19.9% of the Kincaid (zip 62540) population
- 2.9% of houses and apartments in Kincaid (zip 62540), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Kincaid, Illinois	United States
	625.0	139,647,020.0
	64	42
	$79,900	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$19.26	$10.98
	$1,514	$2,690
	71.4%	57.4%
	6.1%	11.2%
	22.6%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	8.3%	2.4%
	15.5%	2.8%
	23.1%	3.9%
	14.6%	4.5%
	17.9%	11.3%
	8.3%	13.0%
	6.3%	20.1%
	1.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.3%	13.6%
	16.3%	13.6%
	5.1%	13.6%
	5.8%	13.2%
	15.2%	14.8%
	5.1%	13.6%
	7.8%	10.0%
	7.4%	4.7%
	37.1%	12.2%

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