Ramsey, IL has an impressive median housing value of $105,200. This is significantly lower than the US house median value of $338,100 and demonstrates Ramsey is still a very affordable option for prospective homeowners. The US experienced an 8.27% increase in housing prices over the last year while Ramsey's appreciation rate was lower at 7.96%. Despite this difference, Ramsey remains an attractive place to purchase a home due to its relatively low cost of living and comparatively high quality of life.
The median home cost in Ramsey (zip 62080) is $105,200. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Ramsey (zip 62080) is up 10.0%.
Average Age of Homes
- The median age of Ramsey (zip 62080) real estate is 45 years old
The Rental Market in Ramsey (zip 62080)
- Renters make up 9.5% of the Ramsey (zip 62080) population
- 2.5% of houses and apartments in Ramsey (zip 62080), 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.