Zip 62883 (Scheller, IL) Housing

The housing market in 62883 Scheller, IL is booming! The median value of homes in this area is $150,900, which is far lower than the national median value of $338,100. However, the 1 year house appreciation rate for 62883 Scheller, IL is 18.28%, which is much higher than the national rate of 8.27%. This indicates a strong real estate market in 62883 Scheller, IL and could be a great opportunity for prospective homebuyers looking to invest.

The median home cost in Scheller (zip 62883) is $150,900. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Scheller (zip 62883) is up 11.3%.

Average Age of Homes

- The median age of Scheller (zip 62883) real estate is 34 years old

The Rental Market in Scheller (zip 62883)

- Renters make up 6.2% of the Scheller (zip 62883) population
- 0.0% of houses and apartments in Scheller (zip 62883), 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	Scheller, Illinois	United States
	253.0	139,647,020.0
	39	42
	$150,900	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$17.98	$10.98
	$1,911	$2,690
	85.4%	57.4%
	5.9%	11.2%
	8.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	5.9%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	14.4%	2.6%
	6.5%	2.4%
	0.5%	2.8%
	9.7%	3.9%
	4.2%	4.5%
	15.7%	11.3%
	29.6%	13.0%
	12.5%	20.1%
	6.9%	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
	1.2%	0.2%
	13.8%	13.6%
	13.8%	13.6%
	24.5%	13.6%
	8.3%	13.2%
	23.7%	14.8%
	24.5%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	18.2%	12.2%

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