Zip 61062 (Pearl City, IL) Housing

Housing in Pearl City, IL is quite affordable with a median value of $170,600. This is much lower than the US house median value of $338,100. However, while the US house appreciation rate for the last year was 8.27%, Pearl City experienced a slightly smaller appreciation rate of 7.18%. Therefore, home buyers seeking affordability in this area can still benefit from the housing market trend and make calculated investments that could yield good returns.

The median home cost in Pearl City (zip 61062) is $170,600. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Pearl City (zip 61062) is up 14.1%.

Average Age of Homes

- The median age of Pearl City (zip 61062) real estate is 60 years old

The Rental Market in Pearl City (zip 61062)

- Renters make up 16.4% of the Pearl City (zip 61062) population
- 0.0% of houses and apartments in Pearl City (zip 61062), 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	Pearl City, Illinois	United States
	757.0	139,647,020.0
	75	42
	$170,600	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$26.62	$10.98
	$4,190	$2,690
	79.4%	57.4%
	5.2%	11.2%
	15.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.3%	2.4%
	4.5%	2.8%
	8.2%	3.9%
	13.8%	4.5%
	16.8%	11.3%
	22.6%	13.0%
	10.0%	20.1%
	8.8%	13.6%
	2.8%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	9.8%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	9.1%	13.6%
	6.7%	13.2%
	12.7%	14.8%
	9.1%	13.6%
	3.0%	10.0%
	5.7%	4.7%
	46.5%	12.2%

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