The housing market in 62257 Marissa, IL is a thriving one. The median value for the area is $91,100, which is significantly lower than the US House Median Value of $338,100. Despite this difference in value, the area has still experienced a 10.25% house appreciation in the last year compared to the 8.27% appreciation rate across the nation. In addition, 62257 Marissa has seen an increase in new housing developments in recent years and a rise in demand for homes - indicating that it is an attractive place to live. With these factors combined, 62257 Marissa appears to be a great location for potential homebuyers looking for value and stability.
The median home cost in Marissa (zip 62257) is $91,100. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Marissa (zip 62257) is up 12.4%.
Average Age of Homes
- The median age of Marissa (zip 62257) real estate is 51 years old
The Rental Market in Marissa (zip 62257)
- Renters make up 20.0% of the Marissa (zip 62257) population
- 2.1% of houses and apartments in Marissa (zip 62257), 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.