Zip 62546 (Morrisonville, IL) Housing

In Morrisonville, IL (62546), the median value of a house is $110,600. This is significantly lower than the national median value of houses at $338,100. Despite this difference, the 1-year appreciation rate of houses in Morrisonville is higher than the US average with 10.25%, compared to 8.27%. All in all, Morrisonville provides an excellent opportunity for those looking in to buy a home with an attractive price point and potential for appreciation over the year.

The median home cost in Morrisonville (zip 62546) is $110,600. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Morrisonville (zip 62546) is up 11.6%.

Average Age of Homes

- The median age of Morrisonville (zip 62546) real estate is 65 years old

The Rental Market in Morrisonville (zip 62546)

- Renters make up 10.7% of the Morrisonville (zip 62546) population
- 5.8% of houses and apartments in Morrisonville (zip 62546), 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	Morrisonville, Illinois	United States
	671.0	139,647,020.0
	68	42
	$110,600	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$20.63	$10.98
	$2,172	$2,690
	75.6%	57.4%
	11.2%	11.2%
	13.3%	31.4%
Vacant Housing
	5.8%	1.9%
	0.0%	0.4%
	2.4%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	8.1%	2.4%
	12.2%	2.8%
	12.0%	3.9%
	12.8%	4.5%
	22.5%	11.3%
	19.9%	13.0%
	5.1%	20.1%
	3.4%	13.6%
	2.2%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	13.0%	13.6%
	8.6%	13.2%
	12.4%	14.8%
	13.0%	13.6%
	7.0%	10.0%
	13.0%	4.7%
	34.9%	12.2%

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