The housing market in 62985 Simpson, IL is quite affordable compared to the national average. The median value of a house in this area is $134,600, which is significantly lower than the US median value of $338,100. Despite this lower cost, the area has seen an increase in housing prices by 8.05%, similar to the US 1 year house appreciation of 8.27%. This indicates that 62985 Simpson, IL is a promising place for homeowners looking for affordability and appreciation for their homes.
The median home cost in Simpson (zip 62985) is $134,600. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Simpson (zip 62985) is up 14.3%.
Average Age of Homes
- The median age of Simpson (zip 62985) real estate is 44 years old
The Rental Market in Simpson (zip 62985)
- Renters make up 1.7% of the Simpson (zip 62985) population
- 0.0% of houses and apartments in Simpson (zip 62985), 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.