Zip 62877 (Richview, IL) Housing

The housing market in 62877 Richview, IL is thriving. The median value of homes in the area is impressive at $90,700, significantly lower than the US House Median Value of $338,100. In addition to this, the 1 year House Appreciation rate in 62877 Richview is even more remarkable at 18.28%, much higher than the US 1 year House Appreciation rate of 8.27%. This proves that the housing market in this area is robust and stable, making it a great choice for those looking to purchase a home.

The median home cost in Richview (zip 62877) is $90,700. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Richview (zip 62877) is up 11.3%.

Average Age of Homes

- The median age of Richview (zip 62877) real estate is 42 years old

The Rental Market in Richview (zip 62877)

- Renters make up 23.5% of the Richview (zip 62877) population
- 0.0% of houses and apartments in Richview (zip 62877), 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	Richview, Illinois	United States
	196.0	139,647,020.0
	50	42
	$90,700	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$21.04	$10.98
	$2,010	$2,690
	85.2%	57.4%
	5.1%	11.2%
	9.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.0%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	7.2%	2.6%
	9.0%	2.4%
	12.0%	2.8%
	11.4%	3.9%
	19.2%	4.5%
	8.4%	11.3%
	26.3%	13.0%
	6.6%	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%
	7.7%	13.6%
	7.7%	13.6%
	16.8%	13.6%
	7.7%	13.2%
	17.9%	14.8%
	16.8%	13.6%
	7.7%	10.0%
	5.1%	4.7%
	20.9%	12.2%

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