Zip 62898 (Woodlawn, IL) Housing

The housing market in 62898 Woodlawn, IL is looking very strong with a median house value of $169,400. This is significantly lower than the US median house value of $338,100 and shows that 62898 Woodlawn, IL offers great value for home-buyers. Additionally, over the last year houses in this area have appreciated 18.28% which is well above the national average of 8.27%. This provides further evidence of a strong housing market and suggests that now may be a great time to purchase property in 62898 Woodlawn, IL.

The median home cost in Woodlawn (zip 62898) is $169,400. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Woodlawn (zip 62898) is up 11.3%.

Average Age of Homes

- The median age of Woodlawn (zip 62898) real estate is 25 years old

The Rental Market in Woodlawn (zip 62898)

- Renters make up 6.5% of the Woodlawn (zip 62898) population
- 1.5% of houses and apartments in Woodlawn (zip 62898), 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	Woodlawn, Illinois	United States
	914.0	139,647,020.0
	31	42
	$169,400	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$15.11	$10.98
	$2,193	$2,690
	79.9%	57.4%
	11.4%	11.2%
	8.8%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	9.1%	4.1%
Value of Owner-Occupied Housing
	5.2%	2.6%
	3.6%	2.4%
	4.4%	2.8%
	8.2%	3.9%
	11.0%	4.5%
	19.6%	11.3%
	16.6%	13.0%
	25.1%	20.1%
	4.4%	13.6%
	0.5%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.7%	0.2%
	21.7%	13.6%
	21.7%	13.6%
	24.4%	13.6%
	14.9%	13.2%
	17.0%	14.8%
	24.4%	13.6%
	3.9%	10.0%
	2.7%	4.7%
	8.8%	12.2%

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