Housing in 62074 New Douglas, IL is quite affordable compared to the national average. The median value of homes in this area is $208,900, which is almost 40% less than the US median house value of $338,100. In terms of appreciation, homes in this region have seen a 7.96% increase over the last year. This amount is slightly lower than the 8.27% annual appreciation rate across all of the US housing market. Therefore, those looking for an affordable place to call home should consider 62074 New Douglas as a great option.
The median home cost in New Douglas (zip 62074) is $208,900. Home appreciation the last 10 years has been 42.8%. Home Appreciation in New Douglas (zip 62074) is up 10.0%.
Average Age of Homes
- The median age of New Douglas (zip 62074) real estate is 38 years old
The Rental Market in New Douglas (zip 62074)
- Renters make up 16.6% of the New Douglas (zip 62074) population
- 0.0% of houses and apartments in New Douglas (zip 62074), 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.