Zip 62449 (Oblong, IL) Housing

The housing market in 62449 Oblong, IL is quite affordable compared to the national average. The median value of a home in 62449 Oblong, IL is $88,700, which is significantly lower than the national median value of $338,100. Additionally, house appreciation over the past year in 62449 Oblong, IL has been 7.94%, which is slightly below the US 1 year house appreciation rate of 8.27%. Overall, 62449 Oblong, IL offers affordable housing options with reasonable potential for growth.

The median home cost in Oblong (zip 62449) is $88,700. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Oblong (zip 62449) is up 9.4%.

Average Age of Homes

- The median age of Oblong (zip 62449) real estate is 57 years old

The Rental Market in Oblong (zip 62449)

- Renters make up 11.7% of the Oblong (zip 62449) population
- 0.7% of houses and apartments in Oblong (zip 62449), 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	Oblong, Illinois	United States
	1,484.0	139,647,020.0
	52	42
	$88,700	$338,100
	9.4%	16.6%
	34.8%	57.0%
	47.0%	101.1%
	$16.99	$10.98
	$1,495	$2,690
	70.5%	57.4%
	8.4%	11.2%
	21.1%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	6.9%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	9.0%	2.4%
	8.9%	2.8%
	16.3%	3.9%
	21.0%	4.5%
	16.2%	11.3%
	11.8%	13.0%
	9.6%	20.1%
	3.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	11.8%	13.6%
	8.9%	13.2%
	16.0%	14.8%
	11.8%	13.6%
	14.0%	10.0%
	6.7%	4.7%
	17.3%	12.2%

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