Zip 62634 (Elkhart, IL) Housing

Housing in 62634 Elkhart, IL is relatively affordable compared to the US median value of $338,100. The median value in 62634 is 119,900 according to my content. Although this is less than half of the median for the US, the appreciation rate over one year was 6.36%, still close to the US appreciation rate of 8.27%. It shows that housing in 62634 Elkhart, IL can be a great investment as it will continue to increase in value over time.

The median home cost in Elkhart (zip 62634) is $119,900. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Elkhart (zip 62634) is up 11.6%.

Average Age of Homes

- The median age of Elkhart (zip 62634) real estate is 63 years old

The Rental Market in Elkhart (zip 62634)

- Renters make up 30.0% of the Elkhart (zip 62634) population
- 0.9% of houses and apartments in Elkhart (zip 62634), 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	Elkhart, Illinois	United States
	460.0	139,647,020.0
	62	42
	$119,900	$338,100
	11.6%	16.6%
	26.6%	57.0%
	37.5%	101.1%
	$19.00	$10.98
	$2,253	$2,690
	79.1%	57.4%
	7.4%	11.2%
	13.5%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	1.1%	0.4%
	2.0%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	3.3%	2.4%
	4.1%	2.8%
	7.4%	3.9%
	23.9%	4.5%
	22.5%	11.3%
	12.4%	13.0%
	12.6%	20.1%
	11.0%	13.6%
	0.5%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.1%	13.6%
	19.1%	13.6%
	5.0%	13.6%
	7.8%	13.2%
	7.2%	14.8%
	5.0%	13.6%
	9.6%	10.0%
	7.8%	4.7%
	33.5%	12.2%

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