The housing market in 62549 Mount Zion, IL is very strong. The median value of a house is $156,600, which is significantly lower than the US median value of $338,100. In addition, the 1 year house appreciation rate is 10.25%, higher than the US average of 8.27%. This makes Mount Zion an attractive option for potential homebuyers looking to invest in real estate. With the strong appreciation rate and relatively affordable price points compared to the national average, Mount Zion provides a great opportunity for those looking to purchase a new home.
The median home cost in Mount Zion (zip 62549) is $156,600. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Mount Zion (zip 62549) is up 11.6%.
Average Age of Homes
- The median age of Mount Zion (zip 62549) real estate is 41 years old
The Rental Market in Mount Zion (zip 62549)
- Renters make up 15.3% of the Mount Zion (zip 62549) population
- 2.6% of houses and apartments in Mount Zion (zip 62549), 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.