The housing market in 62481 Yale, IL is currently quite affordable. The median value of a home here is $62,300, which is significantly less than the US median home value of $338,100. Over the course of the last year, the appreciation rate for homes in 62481 Yale has been 7.94%, slightly below the national average of 8.27%. This makes it a great time to purchase a home in this area as it provides buyers with an opportunity to get more house for their money and take advantage of lower prices while still seeing good returns on their investments.
The median home cost in Yale (zip 62481) is $62,300. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Yale (zip 62481) is up 9.4%.
Average Age of Homes
- The median age of Yale (zip 62481) real estate is 61 years old
The Rental Market in Yale (zip 62481)
- Renters make up 6.5% of the Yale (zip 62481) population
- 0.0% of houses and apartments in Yale (zip 62481), 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.