The housing market in South Roxana, IL (62087) is slightly below the national average. The median value of a house in this area is $76,600, while the US median value is $338,100. Over the past year, houses have appreciated 7.96%, which is slightly lower than the national appreciation rate of 8.27%. Generally speaking, home values in South Roxana remain affordable compared to many other areas and continue to appreciate at a stable pace.
The median home cost in South Roxana (zip 62087) is $76,600. Home appreciation the last 10 years has been 42.8%. Home Appreciation in South Roxana (zip 62087) is up 10.0%.
Average Age of Homes
- The median age of South Roxana (zip 62087) real estate is 59 years old
The Rental Market in South Roxana (zip 62087)
- Renters make up 35.0% of the South Roxana (zip 62087) population
- 2.0% of houses and apartments in South Roxana (zip 62087), 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.