The housing market in Lawrenceville, IL (zip code 62439) is showing signs of stability and appreciation. The median value of a home in Lawrenceville is $86,600, which is significantly lower than the overall US median value of $338,100. This gives potential buyers in Lawrenceville more buying power than they would have elsewhere. However, the 1-year house appreciation in Lawrenceville is still on par with the rest of the country at 7.94%. This means that properties are increasing steadily in value over time which is a good sign for prospective homeowners looking for a stable investment.
The median home cost in Lawrenceville (zip 62439) is $86,600. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Lawrenceville (zip 62439) is up 9.4%.
Average Age of Homes
- The median age of Lawrenceville (zip 62439) real estate is 62 years old
The Rental Market in Lawrenceville (zip 62439)
- Renters make up 22.5% of the Lawrenceville (zip 62439) population
- 1.4% of houses and apartments in Lawrenceville (zip 62439), 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.