The housing market in 62964 Mounds, IL is consistent with the US average. The median value of homes is $61,200, which is 88.8% lower than the US median value of $338,100. The 1 year appreciation rate for homes in Mounds is 8.05%, closely mirroring the US 1 year appreciation rate of 8.27%. Despite the lower median value, homebuyers can expect to see similar growth trends as the rest of the country when investing in Mounds real estate.
The median home cost in Mounds (zip 62964) is $61,200. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Mounds (zip 62964) is up 14.3%.
Average Age of Homes
- The median age of Mounds (zip 62964) real estate is 49 years old
The Rental Market in Mounds (zip 62964)
- Renters make up 20.1% of the Mounds (zip 62964) population
- 0.0% of houses and apartments in Mounds (zip 62964), 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.