The housing market in 62446 Mount Erie, IL is still growing steadily but at a slightly slower rate than the national average. The median value of homes here is $112,800 and it has appreciated 7.94% in the last year alone. This is slightly lower than the national median house value of $338,100 and 8.27% one-year appreciation rate seen across the United States as a whole. Despite the slightly lower growth rate, this area is still seeing an increase in housing prices and has become increasingly popular for potential buyers and investors looking for a stable market to invest in.
The median home cost in Mount Erie (zip 62446) is $112,800. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Mount Erie (zip 62446) is up 9.4%.
Average Age of Homes
- The median age of Mount Erie (zip 62446) real estate is 45 years old
The Rental Market in Mount Erie (zip 62446)
- Renters make up 8.5% of the Mount Erie (zip 62446) population
- 0.0% of houses and apartments in Mount Erie (zip 62446), 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.