The housing market in 62688 Tallula, IL is relatively affordable compared to the US median value of $338,100. The median value of housing in 62688 Tallula, IL is $105,100. Over the past year, the US has seen an 8.27% appreciation rate; however, the appreciation rate for housing in 62688 Tallula, IL is slightly lower at 6.36%. Despite this lower rate of appreciation for housing in this area, it still remains an attractive option for buyers looking for affordable and appreciating real estate.
The median home cost in Tallula (zip 62688) is $105,100. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Tallula (zip 62688) is up 11.6%.
Average Age of Homes
- The median age of Tallula (zip 62688) real estate is 69 years old
The Rental Market in Tallula (zip 62688)
- Renters make up 16.0% of the Tallula (zip 62688) population
- 0.0% of houses and apartments in Tallula (zip 62688), 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.