The housing median value in 62996 Villa Ridge, IL is $94,700, which is significantly lower than the US median value of $338,100. The 1-year house appreciation for the US is 8.27%, while in 62996 Villa Ridge, IL it is 8.05%. This indicates that the housing market in 62996 Villa Ridge, IL is slightly below the national average when it comes to property appreciation. Despite that, the housing prices in this area are still fairly affordable and can be a great option for potential homebuyers who are looking for a more budget-friendly option.
The median home cost in Villa Ridge (zip 62996) is $94,700. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Villa Ridge (zip 62996) is up 14.3%.
Average Age of Homes
- The median age of Villa Ridge (zip 62996) real estate is 45 years old
The Rental Market in Villa Ridge (zip 62996)
- Renters make up 0.0% of the Villa Ridge (zip 62996) population
- 0.0% of houses and apartments in Villa Ridge (zip 62996), 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.