The housing market in 62374 Tennessee, IL is impressive, with a median value of $99,600. This is much lower than the US median housing value of $338,100, allowing more people to become homeowners in this area. Though the US had an 8.27% appreciation rate in housing values over the last year, 62374 Tennessee still saw an impressive 7.86% house appreciation rate during that same time period. This shows that this area is a great place to invest in when it comes to real estate.
The median home cost in Tennessee (zip 62374) is $99,600. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Tennessee (zip 62374) is up 14.9%.
Average Age of Homes
- The median age of Tennessee (zip 62374) real estate is 46 years old
The Rental Market in Tennessee (zip 62374)
- Renters make up 6.2% of the Tennessee (zip 62374) population
- 0.0% of houses and apartments in Tennessee (zip 62374), 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.