Zip 62876 (Radom, IL) Housing

The housing situation in 62876 Radom, IL is surprisingly strong. The median house value in this area is $80,700, which is much lower than the U.S. median house value of $338,100. However, the 1-year house appreciation rate in 62876 Radom, IL is 18.28%, which is significantly higher than the U.S. rate of 8.27%. This indicates that there is a strong demand for homes in this area and property values are rising rapidly as people continue to flock to the area for its low cost of living and great investment opportunities.

The median home cost in Radom (zip 62876) is $80,700. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Radom (zip 62876) is up 11.3%.

Average Age of Homes

- The median age of Radom (zip 62876) real estate is 48 years old

The Rental Market in Radom (zip 62876)

- Renters make up 3.6% of the Radom (zip 62876) population
- 4.5% of houses and apartments in Radom (zip 62876), 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	Radom, Illinois	United States
	88.0	139,647,020.0
	61	42
	$80,700	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$21.04	$10.98
	$1,417	$2,690
	72.7%	57.4%
	22.7%	11.2%
	4.5%	31.4%
Vacant Housing
	4.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	18.2%	4.1%
Value of Owner-Occupied Housing
	12.5%	2.6%
	15.6%	2.4%
	17.2%	2.8%
	12.5%	3.9%
	20.3%	4.5%
	9.4%	11.3%
	10.9%	13.0%
	1.6%	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%
	9.1%	13.6%
	9.1%	13.6%
	9.1%	13.6%
	5.7%	13.2%
	12.5%	14.8%
	9.1%	13.6%
	12.5%	10.0%
	19.3%	4.7%
	18.2%	12.2%

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