The median value of housing in Wolf Lake, IL 62998 is $165,200, which is significantly lower than the US House Median Value of $338,100. Despite this difference in values, the rate of house appreciation in Wolf Lake is nearly identical to the US 1 year House Appreciation rate at 8.05%. This indicates that the housing market in Wolf Lake has been improving at a steady rate over the past year and may be a great option for potential homebuyers looking for affordability and stability.
The median home cost in Wolf Lake (zip 62998) is $165,200. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Wolf Lake (zip 62998) is up 14.3%.
Average Age of Homes
- The median age of Wolf Lake (zip 62998) real estate is 58 years old
The Rental Market in Wolf Lake (zip 62998)
- Renters make up 10.4% of the Wolf Lake (zip 62998) population
- 16.0% of houses and apartments in Wolf Lake (zip 62998), 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.