Zip 62988 (Tamms, IL) Housing

The median value of housing in 62988 Tamms, IL is $96,500. Although this is significantly lower than the US House Median Value of $338,100, the 1 year house appreciation in Tamms is just slightly lower than the US at 8.05%. This shows that despite a smaller market size, properties are still increasing in value due to economic forces. This appreciation rate provides an excellent opportunity for those looking to invest in the area.

The median home cost in Tamms (zip 62988) is $96,500. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Tamms (zip 62988) is up 14.3%.

Average Age of Homes

- The median age of Tamms (zip 62988) real estate is 45 years old

The Rental Market in Tamms (zip 62988)

- Renters make up 18.4% of the Tamms (zip 62988) population
- 0.6% of houses and apartments in Tamms (zip 62988), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Tamms, Illinois	United States
	629.0	139,647,020.0
	42	42
	$96,500	$338,100
	14.3%	16.6%
	35.0%	57.0%
	35.3%	101.1%
	$10.73	$10.98
	$798	$2,690
	56.9%	57.4%
	33.2%	11.2%
	9.9%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.9%	3.6%
	29.7%	4.1%
Value of Owner-Occupied Housing
	12.3%	2.6%
	2.0%	2.4%
	21.5%	2.8%
	15.6%	3.9%
	4.7%	4.5%
	29.9%	11.3%
	11.2%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	2.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	20.7%	13.6%
	9.5%	13.2%
	25.9%	14.8%
	20.7%	13.6%
	4.0%	10.0%
	9.5%	4.7%
	7.5%	12.2%

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