The housing market in Wilmington, IL (zip code 62078) is currently quite strong, with a median value of $92,800. This is significantly lower than the US median value of 338,100, however it still has experienced significant appreciation over the last year at 7.96%, only slightly less than the national average of 8.27%. These figures indicate that Wilmington's housing market remains a desirable place to invest for potential buyers looking for a home in Illinois.
The median home cost in Wilmington (zip 62078) is $92,800. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Wilmington (zip 62078) is up 10.0%.
Average Age of Homes
- The median age of Wilmington (zip 62078) real estate is 74 years old
The Rental Market in Wilmington (zip 62078)
- Renters make up 17.6% of the Wilmington (zip 62078) population
- 0.0% of houses and apartments in Wilmington (zip 62078), 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.