Zip 62571 (Tower Hill, IL) Housing

The housing median value in Tower Hill, IL is $93,900. This is significantly lower than the US national house median value of $338,100. Despite this difference in price, Tower Hill has seen an impressive 10.25% house appreciation rate over the past year which is higher than the US national house appreciation rate of 8.27%. This suggests that Tower Hill has seen a steady growth in its housing prices despite having a relatively low median value compared to other areas of the country.

The median home cost in Tower Hill (zip 62571) is $93,900. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Tower Hill (zip 62571) is up 11.6%.

Average Age of Homes

- The median age of Tower Hill (zip 62571) real estate is 56 years old

The Rental Market in Tower Hill (zip 62571)

- Renters make up 6.8% of the Tower Hill (zip 62571) population
- 1.0% of houses and apartments in Tower Hill (zip 62571), 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	Tower Hill, Illinois	United States
	698.0	139,647,020.0
	48	42
	$93,900	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$17.96	$10.98
	$1,685	$2,690
	67.5%	57.4%
	11.2%	11.2%
	21.3%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	5.3%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	9.8%	2.6%
	14.4%	2.4%
	10.0%	2.8%
	10.4%	3.9%
	7.6%	4.5%
	15.5%	11.3%
	2.1%	13.0%
	9.3%	20.1%
	20.2%	13.6%
	0.6%	8.3%
	0.0%	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%
	13.9%	13.6%
	13.9%	13.6%
	10.9%	13.6%
	20.5%	13.2%
	7.2%	14.8%
	10.9%	13.6%
	11.5%	10.0%
	3.2%	4.7%
	26.8%	12.2%

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