Zip 62063 (Medora, IL) Housing

The median value of housing in Medora, IL (62063) is $116,700, compared to the US median house value of $338,100. The US experienced a one year appreciation of 8.27%, while the median home appreciation in Medora, IL was 7.96%. Despite a slightly lower appreciation rate, this represents healthy growth and investment potential for homeowners in the area. With an affordable median house price, Medora is a great place for those looking to settle down and start building their future.

The median home cost in Medora (zip 62063) is $116,700. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Medora (zip 62063) is up 10.0%.

Average Age of Homes

- The median age of Medora (zip 62063) real estate is 46 years old

The Rental Market in Medora (zip 62063)

- Renters make up 11.5% of the Medora (zip 62063) population
- 1.4% of houses and apartments in Medora (zip 62063), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Medora, Illinois	United States
	415.0	139,647,020.0
	53	42
	$116,700	$338,100
	10.0%	16.6%
	35.8%	57.0%
	42.8%	101.1%
	$18.89	$10.98
	$2,459	$2,690
	65.1%	57.4%
	13.5%	11.2%
	21.4%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.9%	3.6%
	9.2%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.1%	2.4%
	9.3%	2.8%
	15.2%	3.9%
	3.7%	4.5%
	29.3%	11.3%
	10.0%	13.0%
	10.7%	20.1%
	18.9%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	10.6%	13.6%
	7.7%	13.2%
	17.6%	14.8%
	10.6%	13.6%
	9.9%	10.0%
	5.8%	4.7%
	28.9%	12.2%

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