Zip 62553 (Oconee, IL) Housing


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United States / Illinois / No Metro Area / Shelby County / No City / Oconee (zip 62553)
The housing market in 62553 Oconee, IL is doing well, with a median value of $106,100. This is significantly lower than the US house median value of $338,100. However, the 1 year appreciation rate for houses in62553 Oconee, IL is 10.25%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that housing prices are increasing in this area and provides an attractive opportunity for potential buyers and sellers alike.

The median home cost in Oconee (zip 62553) is $106,100. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Oconee (zip 62553) is up 11.6%.

Average Age of Homes
- The median age of Oconee (zip 62553) real estate is 49 years old
The Rental Market in Oconee (zip 62553)
- Renters make up 31.3% of the Oconee (zip 62553) population
- 0.0% of houses and apartments in Oconee (zip 62553), 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

  HousingOconee, IllinoisUnited States
  168.0139,647,020.0
  6442
  $106,100$338,100
  11.6%16.6%
  29.0%57.0%
  33.9%101.1%
  $17.28$10.98
  $1,799$2,690
  81.0%57.4%
  14.3%11.2%
  4.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  3.0%0.7%
  0.0%0.4%
  0.0%3.6%
  11.3%4.1%
  Value of Owner-Occupied Housing
  1.5%2.6%
  1.5%2.4%
  11.8%2.8%
  19.1%3.9%
  22.1%4.5%
  19.1%11.3%
  10.3%13.0%
  14.7%20.1%
  0.0%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%
  17.9%13.6%
  17.9%13.6%
  2.4%13.6%
  3.0%13.2%
  13.1%14.8%
  2.4%13.6%
  16.7%10.0%
  0.6%4.7%
  38.1%12.2%
Commute