The housing market in 62893 Walnut Hill, IL is thriving. The median value of housing in the area is $180,100, which is much lower than the US median value of $338,100. Furthermore, the appreciation rate of housing within the area has been found to be 18.28%, much higher than the US average rate of 8.27%. These figures demonstrate that there is a strong demand for property in this area and that it is a great place to consider investing in real estate.
The median home cost in Walnut Hill (zip 62893) is $180,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Walnut Hill (zip 62893) is up 11.3%.
Average Age of Homes
- The median age of Walnut Hill (zip 62893) real estate is 35 years old
The Rental Market in Walnut Hill (zip 62893)
- Renters make up 8.6% of the Walnut Hill (zip 62893) population
- 0.0% of houses and apartments in Walnut Hill (zip 62893), 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.