The housing median value in 62880 St. Peter, IL is $124,800, which is significantly lower than the US House Median Value of $338,100. Despite this lower median value, the 1 year appreciation rate of 18.28% in St. Peter, IL far outstrips the US 1 year house appreciation rate of 8.27%. This demonstrates that despite its already low median value, there is still potential for good returns on investments in the St. Peter real estate market due to its rapidly appreciating value.
The median home cost in St. Peter (zip 62880) is $124,800. Home appreciation the last 10 years has been 43.5%. Home Appreciation in St. Peter (zip 62880) is up 11.3%.
Average Age of Homes
- The median age of St. Peter (zip 62880) real estate is 66 years old
The Rental Market in St. Peter (zip 62880)
- Renters make up 13.2% of the St. Peter (zip 62880) population
- 1.5% of houses and apartments in St. Peter (zip 62880), 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.