The housing market in Mount Auburn, IL (zip code 62547) is thriving. According to the data provided, the median value of homes in this area is $94,000 which is significantly lower than the national average of $338,100. In addition, over the past year, the appreciation rate for houses in Mount Auburn has been 10.25%, higher than the national average of 8.27%. This suggests that demand for housing in this area is high and likely to continue increasing. With a comparatively low median value and excellent appreciation rate, Mount Auburn is an attractive place for potential homeowners looking for a great deal on their dream home.
The median home cost in Mount Auburn (zip 62547) is $94,000. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Mount Auburn (zip 62547) is up 11.6%.
Average Age of Homes
- The median age of Mount Auburn (zip 62547) real estate is 44 years old
The Rental Market in Mount Auburn (zip 62547)
- Renters make up 19.5% of the Mount Auburn (zip 62547) population
- 0.0% of houses and apartments in Mount Auburn (zip 62547), 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.