The housing in 62265 New Baden, IL is quite desirable due to its median value of $178,300, which is much lower than the US median house value of $338,100. In addition, the 1 year house appreciation in 62265 New Baden, IL is 10.25%, which is higher than the national average of 8.27%. This makes it an attractive option for those looking to invest in real estate or just buy a home in a desirable area.
The median home cost in New Baden (zip 62265) is $178,300. Home appreciation the last 10 years has been 42.4%. Home Appreciation in New Baden (zip 62265) is up 12.4%.
Average Age of Homes
- The median age of New Baden (zip 62265) real estate is 32 years old
The Rental Market in New Baden (zip 62265)
- Renters make up 17.3% of the New Baden (zip 62265) population
- 0.3% of houses and apartments in New Baden (zip 62265), 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.