Zip 62260 (Millstadt, IL) Housing

The housing market in 62260 Millstadt, IL has seen a healthy growth over the past year. The median value of homes in this area is $242,400, which is slightly lower than the US median house value of $338,100. However, the appreciation rate of houses in 62260 Millstadt, IL was 10.25%, higher than the US average appreciation rate of 8.27%. This indicates that buying property in this area is a wise investment and could result in significant returns for investors.

The median home cost in Millstadt (zip 62260) is $242,400. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Millstadt (zip 62260) is up 12.4%.

Average Age of Homes

- The median age of Millstadt (zip 62260) real estate is 37 years old

The Rental Market in Millstadt (zip 62260)

- Renters make up 10.1% of the Millstadt (zip 62260) population
- 0.0% of houses and apartments in Millstadt (zip 62260), 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	Millstadt, Illinois	United States
	2,797.0	139,647,020.0
	43	42
	$242,400	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$19.99	$10.98
	$3,908	$2,690
	82.5%	57.4%
	3.0%	11.2%
	14.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.0%	2.4%
	0.9%	2.8%
	0.5%	3.9%
	0.7%	4.5%
	18.9%	11.3%
	31.4%	13.0%
	30.5%	20.1%
	11.8%	13.6%
	3.8%	8.3%
	0.6%	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%
	16.3%	13.6%
	16.3%	13.6%
	7.9%	13.6%
	16.7%	13.2%
	10.8%	14.8%
	7.9%	13.6%
	15.2%	10.0%
	2.0%	4.7%
	10.9%	12.2%

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