Zip 62691 (Virginia, IL) Housing

The housing in 62691 Virginia, IL is significantly lower than the US median value of $338,100. The median housing value in this area is only $93,100. Despite the low cost of housing, appreciation over the past year has been substantial at 6.36%, which is lower than the national average of 8.27%. This indicates that while housing costs may be low now, they are likely to increase in the future and could represent a good investment opportunity for those who can take advantage of it now.

The median home cost in Virginia (zip 62691) is $93,100. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Virginia (zip 62691) is up 11.6%.

Average Age of Homes

- The median age of Virginia (zip 62691) real estate is 53 years old

The Rental Market in Virginia (zip 62691)

- Renters make up 24.9% of the Virginia (zip 62691) population
- 0.0% of houses and apartments in Virginia (zip 62691), 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	Virginia, Illinois	United States
	1,039.0	139,647,020.0
	55	42
	$93,100	$338,100
	11.6%	16.6%
	26.6%	57.0%
	37.5%	101.1%
	$23.70	$10.98
	$2,055	$2,690
	66.8%	57.4%
	12.4%	11.2%
	20.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	3.2%	3.6%
	9.1%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	5.6%	2.4%
	8.8%	2.8%
	27.4%	3.9%
	18.2%	4.5%
	12.2%	11.3%
	9.9%	13.0%
	7.1%	20.1%
	1.3%	13.6%
	1.3%	8.3%
	5.5%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	11.7%	13.6%
	6.3%	13.2%
	13.9%	14.8%
	11.7%	13.6%
	9.3%	10.0%
	9.2%	4.7%
	22.4%	12.2%

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