Zip 61462 (Monmouth, IL) Housing

In Monmouth, IL (zip code 61462), the median value of a house is $89,400. This is significantly lower than the US median housing value of $338,100. In the past year, the US has seen an 8.27% appreciation in house values while in Monmouth there was slightly less appreciation at 7.76%. These figures demonstrate that despite being below the national average, Monmouth still had a healthy level of growth in housing values compared to other areas in the country.

The median home cost in Monmouth (zip 61462) is $89,400. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Monmouth (zip 61462) is up 8.9%.

Average Age of Homes

- The median age of Monmouth (zip 61462) real estate is 68 years old

The Rental Market in Monmouth (zip 61462)

- Renters make up 27.6% of the Monmouth (zip 61462) population
- 3.5% of houses and apartments in Monmouth (zip 61462), 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	Monmouth, Illinois	United States
	4,860.0	139,647,020.0
	68	42
	$89,400	$338,100
	8.9%	16.6%
	29.0%	57.0%
	28.7%	101.1%
	$20.14	$10.98
	$1,758	$2,690
	67.4%	57.4%
	10.5%	11.2%
	22.1%	31.4%
Vacant Housing
	3.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.6%	0.4%
	1.2%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	4.7%	2.4%
	20.2%	2.8%
	15.2%	3.9%
	18.4%	4.5%
	16.7%	11.3%
	7.2%	13.0%
	10.7%	20.1%
	3.0%	13.6%
	1.6%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	2.1%	13.6%
	4.8%	13.2%
	12.0%	14.8%
	2.1%	13.6%
	16.3%	10.0%
	9.7%	4.7%
	36.0%	12.2%

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