Zip 62862 (Mill Shoals, IL) Housing

The housing market in 62862 Mill Shoals, IL is flourishing. The median value of a home in this area is $92,500, which is significantly lower than the national median value of $338,100. In addition to this, the house appreciation rate in this area has been incredibly high at 18.28%, compared to the national average appreciation rate of 8.27%. This makes 62862 Mill Shoals an attractive location for prospective home buyers looking for a great deal on their next property purchase.

The median home cost in Mill Shoals (zip 62862) is $92,500. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Mill Shoals (zip 62862) is up 11.3%.

Average Age of Homes

- The median age of Mill Shoals (zip 62862) real estate is 43 years old

The Rental Market in Mill Shoals (zip 62862)

- Renters make up 19.9% of the Mill Shoals (zip 62862) population
- 0.0% of houses and apartments in Mill Shoals (zip 62862), 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	Mill Shoals, Illinois	United States
	145.0	139,647,020.0
	44	42
	$92,500	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$15.50	$10.98
	$931	$2,690
	84.8%	57.4%
	9.0%	11.2%
	6.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	8.3%	4.1%
Value of Owner-Occupied Housing
	8.1%	2.6%
	13.0%	2.4%
	19.5%	2.8%
	12.2%	3.9%
	2.4%	4.5%
	17.1%	11.3%
	7.3%	13.0%
	3.3%	20.1%
	8.9%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	8.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	9.0%	13.6%
	13.8%	13.2%
	20.7%	14.8%
	9.0%	13.6%
	11.7%	10.0%
	9.0%	4.7%
	6.2%	12.2%

Reviews for Mill Shoals

See all (0)

Write a Review

Start Your Review of Mill Shoals

Commute