The housing market in Manchester, IL (zip code 62663) offers a median value of $107,500, which is quite a bit lower than the US median value of $338,100. Despite this difference in cost, the house appreciation rate for Manchester is still strong at 6.36% over the past year, although slightly lower than the US average of 8.27%. The combination of affordability and steady appreciation make Manchester an attractive option for those looking to buy a home in the area.
The median home cost in Manchester (zip 62663) is $107,500. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Manchester (zip 62663) is up 11.6%.
Average Age of Homes
- The median age of Manchester (zip 62663) real estate is 65 years old
The Rental Market in Manchester (zip 62663)
- Renters make up 10.6% of the Manchester (zip 62663) population
- 5.7% of houses and apartments in Manchester (zip 62663), 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.