The housing market in Mascoutah, IL (62258) is doing significantly better than the national average. According to data from the US Department of Housing and Urban Development, the median value of a home within this area is $191,400, which is a full $146,700 less than the national median value of $338,100. However, while the US housing market appreciated 8.27% over a one year span, Mascoutah's homes increased in value by 10.25%, adding even more affordability to this particular area. This data suggests that Mascoutah provides a great opportunity for families and individuals who are looking for an affordable place to live with greater potential for appreciation in their homes' values.
The median home cost in Mascoutah (zip 62258) is $191,400. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Mascoutah (zip 62258) is up 12.4%.
Average Age of Homes
- The median age of Mascoutah (zip 62258) real estate is 32 years old
The Rental Market in Mascoutah (zip 62258)
- Renters make up 24.6% of the Mascoutah (zip 62258) population
- 2.1% of houses and apartments in Mascoutah (zip 62258), 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.