Zip 62356 (New Canton, IL) Housing

The housing market in 62356 New Canton, IL is much less expensive than the national average. The median value for housing in the area is $71,300, compared to the US median of $338,100. Despite this lower cost of living, homes still appreciate at a rate close to that of the overall US market. Over the past year, the US house appreciation rate was 8.27%, whereas 62356 New Canton saw an increase of 7.86%. This indicates that despite being cheaper than most other areas across the nation, this part of Illinois has seen steady growth in its real estate market over time.

The median home cost in New Canton (zip 62356) is $71,300. Home appreciation the last 10 years has been 45.4%. Home Appreciation in New Canton (zip 62356) is up 14.9%.

Average Age of Homes

- The median age of New Canton (zip 62356) real estate is 78 years old

The Rental Market in New Canton (zip 62356)

- Renters make up 22.0% of the New Canton (zip 62356) population
- 0.0% of houses and apartments in New Canton (zip 62356), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Canton, Illinois	United States
	296.0	139,647,020.0
	72	42
	$71,300	$338,100
	14.9%	16.6%
	31.7%	57.0%
	45.4%	101.1%
	$17.36	$10.98
	$1,031	$2,690
	53.0%	57.4%
	34.8%	11.2%
	12.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	4.1%	0.4%
	20.9%	3.6%
	9.8%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	8.9%	2.4%
	15.9%	2.8%
	27.4%	3.9%
	10.8%	4.5%
	0.0%	11.3%
	9.6%	13.0%
	22.9%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.9%	13.6%
	13.9%	13.6%
	7.1%	13.6%
	4.1%	13.2%
	3.0%	14.8%
	7.1%	13.6%
	4.1%	10.0%
	8.1%	4.7%
	42.9%	12.2%

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