The median value of housing in 62458 St. Elmo, IL is $92,100 which is significantly lower than the US average of $338,100. Despite this difference, the 1 year appreciation rate for housing in 62458 St. Elmo, IL is still quite close to the US average at 7.94%. This suggests that home values are increasing steadily in 62458 St. Elmo, IL and that it may be a good opportunity to invest in real estate there.
The median home cost in St. Elmo (zip 62458) is $92,100. Home appreciation the last 10 years has been 47.0%. Home Appreciation in St. Elmo (zip 62458) is up 9.4%.
Average Age of Homes
- The median age of St. Elmo (zip 62458) real estate is 49 years old
The Rental Market in St. Elmo (zip 62458)
- Renters make up 17.0% of the St. Elmo (zip 62458) population
- 2.4% of houses and apartments in St. Elmo (zip 62458), 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.