Zip 62560 (Raymond, IL) Housing

The housing market in Raymond, IL (62560) is thriving with a median value of $122,100 — much lower than the US average of $338,100. This presents an attractive opportunity for buyers looking for more affordable homes. The 1 year appreciation rate for houses in Raymond is 10.25%, higher than the US average of 8.27%. If you are considering investing in the area, now may be a great time to take advantage of these market conditions.

The median home cost in Raymond (zip 62560) is $122,100. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Raymond (zip 62560) is up 11.6%.

Average Age of Homes

- The median age of Raymond (zip 62560) real estate is 48 years old

The Rental Market in Raymond (zip 62560)

- Renters make up 10.2% of the Raymond (zip 62560) population
- 3.6% of houses and apartments in Raymond (zip 62560), 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	Raymond, Illinois	United States
	556.0	139,647,020.0
	52	42
	$122,100	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$18.94	$10.98
	$2,023	$2,690
	67.3%	57.4%
	10.8%	11.2%
	21.9%	31.4%
Vacant Housing
	3.6%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.9%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	3.2%	2.4%
	11.8%	2.8%
	20.1%	3.9%
	9.6%	4.5%
	21.4%	11.3%
	18.2%	13.0%
	13.4%	20.1%
	1.1%	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%
	15.5%	13.6%
	15.5%	13.6%
	9.7%	13.6%
	9.2%	13.2%
	13.8%	14.8%
	9.7%	13.6%
	9.5%	10.0%
	3.8%	4.7%
	25.5%	12.2%

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