The median value of housing in 62994 Vergennes, IL is $120,800, which is significantly lower than the US median home value of $338,100. Despite the lower value of housing in this area, it has seen an 8.05% increase in appreciation over the past year, which is just slightly below the national appreciation rate of 8.27%. This indicates that the housing market in 62994 Vergennes, IL is strong and on par with the rest of the country when it comes to growth potential.
The median home cost in Vergennes (zip 62994) is $120,800. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Vergennes (zip 62994) is up 14.3%.
Average Age of Homes
- The median age of Vergennes (zip 62994) real estate is 45 years old
The Rental Market in Vergennes (zip 62994)
- Renters make up 13.1% of the Vergennes (zip 62994) population
- 1.7% of houses and apartments in Vergennes (zip 62994), 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.