Housing in Latham, IL (62543) is very affordable compared to the national median. The median value of a house here is $112,600 which is nearly one third of the US median value of $338,100. Furthermore, house appreciation rates in Latham over the past year have been even higher than the national rate at 10.25%, compared to 8.27% for the US overall. This indicates that housing has been appreciating more quickly in Latham than it has on a national level, making it an attractive option for those looking for a good investment opportunity or a new home.
The median home cost in Latham (zip 62543) is $112,600. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Latham (zip 62543) is up 11.6%.
Average Age of Homes
- The median age of Latham (zip 62543) real estate is 74 years old
The Rental Market in Latham (zip 62543)
- Renters make up 25.9% of the Latham (zip 62543) population
- 3.3% of houses and apartments in Latham (zip 62543), 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.