Okawville, IL is a small town located in the southern part of the state, and it is known for its affordable housing options. The median value of housing in Okawville is $144,000, which is significantly lower than the US median house value of $338,100. In addition, the one year appreciation rate for houses in Okawville is 10.25%, which is higher than the national average appreciation rate of 8.27%. Therefore, Okawville provides a great opportunity for those looking to purchase an affordable home that will appreciate in value over time.
The median home cost in Okawville (zip 62271) is $144,000. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Okawville (zip 62271) is up 12.4%.
Average Age of Homes
- The median age of Okawville (zip 62271) real estate is 52 years old
The Rental Market in Okawville (zip 62271)
- Renters make up 18.5% of the Okawville (zip 62271) population
- 0.0% of houses and apartments in Okawville (zip 62271), 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.