The housing in Watson, IL (62473) has a median value of $131,200. This is significantly lower than the US House Median Value of $338,100. In the last year, the US House Appreciation rate was 8.27%, while the appreciation rate in Watson was slightly lower at 7.94%. Despite being lower than the national average, this still represents a healthy increase in value for local homeowners. Additionally, with its relatively low cost of entry and potential for growth, this area has become an attractive destination for those looking to move or invest in real estate.
The median home cost in Watson (zip 62473) is $131,200. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Watson (zip 62473) is up 9.4%.
Average Age of Homes
- The median age of Watson (zip 62473) real estate is 37 years old
The Rental Market in Watson (zip 62473)
- Renters make up 7.6% of the Watson (zip 62473) population
- 1.4% of houses and apartments in Watson (zip 62473), 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.