Housing in 62639 Frederick, IL is relatively affordable compared to the national average. The median value of a home in this area is $127,900, while the median value of a home in the US is $338,100. In the last year alone, house values in 62639 Frederick have appreciated by 6.36%, which is slightly less than the national appreciation rate of 8.27%. With prices that are significantly lower than the national average and still a healthy appreciation rate, 62639 Frederick looks like an attractive area for potential buyers or property investors looking for a good deal.
The median home cost in Frederick (zip 62639) is $127,900. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Frederick (zip 62639) is up 11.6%.
Average Age of Homes
- The median age of Frederick (zip 62639) real estate is 53 years old
The Rental Market in Frederick (zip 62639)
- Renters make up 7.5% of the Frederick (zip 62639) population
- 0.0% of houses and apartments in Frederick (zip 62639), 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.