The median value of housing in 62353 Mount Sterling, IL is $141,000. This is significantly lower than the US median value of $338,100. However, the appreciation rate of housing in 62353 Mount Sterling, IL is still impressive at 7.86%, which is slightly lower than the US 1 year house appreciation rate of 8.27%. This makes it a great opportunity for people to invest in this area with relatively low risk while still seeing potential returns on their investments.
The median home cost in Mount Sterling (zip 62353) is $141,000. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Mount Sterling (zip 62353) is up 14.9%.
Average Age of Homes
- The median age of Mount Sterling (zip 62353) real estate is 56 years old
The Rental Market in Mount Sterling (zip 62353)
- Renters make up 21.5% of the Mount Sterling (zip 62353) population
- 1.3% of houses and apartments in Mount Sterling (zip 62353), 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.