Zip 62875 (Patoka, IL) Housing

The housing market in 62875 Patoka, IL is thriving. The median value of a home in this area is $99,400 which is significantly lower than the US house median value of $338,100. Despite this lower price point, the area has seen a much higher rate of appreciation over the past year at 18.28% compared to the national 1 year house appreciation rate of 8.27%. This makes it an attractive choice for buyers looking for an affordable home that can increase in value over time.

The median home cost in Patoka (zip 62875) is $99,400. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Patoka (zip 62875) is up 11.3%.

Average Age of Homes

- The median age of Patoka (zip 62875) real estate is 44 years old

The Rental Market in Patoka (zip 62875)

- Renters make up 13.7% of the Patoka (zip 62875) population
- 0.0% of houses and apartments in Patoka (zip 62875), 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	Patoka, Illinois	United States
	560.0	139,647,020.0
	51	42
	$99,400	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$19.70	$10.98
	$1,629	$2,690
	78.4%	57.4%
	12.7%	11.2%
	8.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	11.1%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	8.0%	2.4%
	15.3%	2.8%
	17.5%	3.9%
	14.4%	4.5%
	6.2%	11.3%
	16.2%	13.0%
	9.8%	20.1%
	3.2%	13.6%
	1.1%	8.3%
	2.7%	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%
	7.9%	13.6%
	7.9%	13.6%
	7.9%	13.6%
	14.6%	13.2%
	15.4%	14.8%
	7.9%	13.6%
	9.8%	10.0%
	5.9%	4.7%
	26.6%	12.2%

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