The housing in 62355 Nebo, IL has a median value of $99,200, which is significantly lower than the US median value of $338,100. The US housing market has seen an appreciation rate of 8.27% over the past year, and Nebo, IL has seen an appreciation rate of 7.86%. This indicates that while house prices may be increasing in Nebo, they are doing so at a slightly slower pace than the rest of the country. This could be beneficial to potential buyers looking for affordable housing options.
The median home cost in Nebo (zip 62355) is $99,200. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Nebo (zip 62355) is up 14.9%.
Average Age of Homes
- The median age of Nebo (zip 62355) real estate is 60 years old
The Rental Market in Nebo (zip 62355)
- Renters make up 8.8% of the Nebo (zip 62355) population
- 2.7% of houses and apartments in Nebo (zip 62355), 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.