The housing market in 62378 Versailles, IL is right in line with the national trend. The median value of homes in 62378 is $120,300, which is far lower than the national median value of $338,100. Similarly, the one-year appreciation rate for homes in 62378 sits at 7.86%, just slightly below the national average of 8.27%. This indicates that homeowners in this area are reaping the rewards of a strong and steadily rising real estate market.
The median home cost in Versailles (zip 62378) is $120,300. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Versailles (zip 62378) is up 14.9%.
Average Age of Homes
- The median age of Versailles (zip 62378) real estate is 47 years old
The Rental Market in Versailles (zip 62378)
- Renters make up 16.8% of the Versailles (zip 62378) population
- 3.2% of houses and apartments in Versailles (zip 62378), 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.