Zip 62871 (Omaha, IL) Housing

Omaha, IL has a median housing value of $98,700, which is significantly lower than the United States' median house value of $338,100. However, Omaha's 1 year house appreciation rate is 18.28%, which is much higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in Omaha is thriving and strong. With its lower home prices and higher appreciation rates, Omaha is likely to be a great place for those looking for affordable housing options in Illinois.

The median home cost in Omaha (zip 62871) is $98,700. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Omaha (zip 62871) is up 11.3%.

Average Age of Homes

- The median age of Omaha (zip 62871) real estate is 50 years old

The Rental Market in Omaha (zip 62871)

- Renters make up 23.0% of the Omaha (zip 62871) population
- 1.7% of houses and apartments in Omaha (zip 62871), 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	Omaha, Illinois	United States
	291.0	139,647,020.0
	52	42
	$98,700	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$14.78	$10.98
	$768	$2,690
	77.7%	57.4%
	17.2%	11.2%
	5.2%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	5.8%	3.6%
	9.6%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	6.2%	2.4%
	27.4%	2.8%
	17.3%	3.9%
	11.9%	4.5%
	13.3%	11.3%
	6.6%	13.0%
	6.6%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	4.4%	9.7%
	0.0%	3.9%
	2.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.5%	13.6%
	5.5%	13.6%
	8.9%	13.6%
	8.2%	13.2%
	16.8%	14.8%
	8.9%	13.6%
	1.4%	10.0%
	11.7%	4.7%
	23.4%	12.2%

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