Zip 62896 (West Frankfort, IL) Housing

The median value of housing in 62896 West Frankfort, IL is $85,000, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate for West Frankfort is 18.28%, much higher than the US average of 8.27%. This suggests that West Frankfort's housing market may be undervalued and could be a great opportunity for potential homeowners looking to invest in real estate.

The median home cost in West Frankfort (zip 62896) is $85,000. Home appreciation the last 10 years has been 43.5%. Home Appreciation in West Frankfort (zip 62896) is up 11.3%.

Average Age of Homes

- The median age of West Frankfort (zip 62896) real estate is 54 years old

The Rental Market in West Frankfort (zip 62896)

- Renters make up 25.5% of the West Frankfort (zip 62896) population
- 0.4% of houses and apartments in West Frankfort (zip 62896), 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	West Frankfort, Illinois	United States
	5,317.0	139,647,020.0
	55	42
	$85,000	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$15.50	$10.98
	$1,277	$2,690
	63.3%	57.4%
	11.2%	11.2%
	25.5%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	3.2%	0.7%
	0.2%	0.4%
	0.8%	3.6%
	6.6%	4.1%
Value of Owner-Occupied Housing
	6.1%	2.6%
	9.2%	2.4%
	19.3%	2.8%
	14.3%	3.9%
	10.0%	4.5%
	16.8%	11.3%
	11.6%	13.0%
	9.4%	20.1%
	0.2%	13.6%
	0.6%	8.3%
	0.4%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	8.3%	13.6%
	7.1%	13.2%
	19.4%	14.8%
	8.3%	13.6%
	14.2%	10.0%
	9.3%	4.7%
	18.6%	12.2%

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