The housing in Louisville, IL (62858) is a great investment opportunity due to the median housing value being much lower than the US median ($95,000 versus $338,100). In addition, the 1 year house appreciation rate of 18.28% is much higher than the US national average of 8.27%, making investing in this area an attractive option for those looking to benefit from an increasing value in their home. With its affordable prices and high potential for appreciation, Louisville's real estate market is one that should not be overlooked.
The median home cost in Louisville (zip 62858) is $95,000. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Louisville (zip 62858) is up 11.3%.
Average Age of Homes
- The median age of Louisville (zip 62858) real estate is 44 years old
The Rental Market in Louisville (zip 62858)
- Renters make up 16.4% of the Louisville (zip 62858) population
- 0.0% of houses and apartments in Louisville (zip 62858), 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.