Zip 62476 (West Salem, IL) Housing

The housing market in West Salem, IL (zip code 62476) is very affordable compared to other areas throughout the US. The median value of a house in West Salem is $103,600, whereas the national median value is $338,100. The appreciation rate for homes in West Salem over the past year has been 7.94%, only slightly lower than the national average of 8.27%. Despite this slight decline in appreciation, West Salem still has a strong real estate market with great potential for growth over time.

The median home cost in West Salem (zip 62476) is $103,600. Home appreciation the last 10 years has been 47.0%. Home Appreciation in West Salem (zip 62476) is up 9.4%.

Average Age of Homes

- The median age of West Salem (zip 62476) real estate is 58 years old

The Rental Market in West Salem (zip 62476)

- Renters make up 13.6% of the West Salem (zip 62476) population
- 0.0% of houses and apartments in West Salem (zip 62476), 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 Salem, Illinois	United States
	778.0	139,647,020.0
	49	42
	$103,600	$338,100
	9.4%	16.6%
	34.8%	57.0%
	47.0%	101.1%
	$16.30	$10.98
	$1,359	$2,690
	71.1%	57.4%
	21.6%	11.2%
	7.3%	31.4%
Vacant Housing
	0.0%	1.9%
	1.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	4.0%	3.6%
	15.4%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	15.7%	2.4%
	12.3%	2.8%
	15.0%	3.9%
	15.2%	4.5%
	18.3%	11.3%
	2.9%	13.0%
	9.6%	20.1%
	3.1%	13.6%
	0.4%	8.3%
	1.3%	9.7%
	2.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.8%	0.2%
	17.5%	13.6%
	17.5%	13.6%
	4.1%	13.6%
	10.9%	13.2%
	17.4%	14.8%
	4.1%	13.6%
	10.9%	10.0%
	5.5%	4.7%
	28.7%	12.2%

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