Zip 62882 (Sandoval, IL) Housing

The housing median value in 62882 Sandoval, IL is $83,000, which is significantly lower than the US housing median value of $338,100. However, the one year house appreciation rate in 62882 Sandoval is 18.28%, which is more than double the US one year house appreciation rate of 8.27%. This high rate of appreciation indicates that there are many opportunities to invest in real estate in Sandoval and that this area could be an attractive option for prospective homeowners and investors alike.

The median home cost in Sandoval (zip 62882) is $83,000. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Sandoval (zip 62882) is up 11.3%.

Average Age of Homes

- The median age of Sandoval (zip 62882) real estate is 41 years old

The Rental Market in Sandoval (zip 62882)

- Renters make up 17.0% of the Sandoval (zip 62882) population
- 1.4% of houses and apartments in Sandoval (zip 62882), 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	Sandoval, Illinois	United States
	1,003.0	139,647,020.0
	46	42
	$83,000	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$18.52	$10.98
	$714	$2,690
	70.6%	57.4%
	10.1%	11.2%
	19.3%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	0.3%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	17.8%	2.6%
	15.4%	2.4%
	13.8%	2.8%
	12.1%	3.9%
	13.1%	4.5%
	10.3%	11.3%
	6.2%	13.0%
	1.8%	20.1%
	2.5%	13.6%
	0.0%	8.3%
	6.8%	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%
	11.1%	13.6%
	11.1%	13.6%
	8.0%	13.6%
	11.4%	13.2%
	20.9%	14.8%
	8.0%	13.6%
	8.6%	10.0%
	6.1%	4.7%
	20.0%	12.2%

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