The housing market in Staunton, IL, represented by the median value of $118,100, is slightly lower than the US median of $338,100. Although the US house appreciation rate has been 8.27% in the past year, Staunton's rate has only been 7.96%, indicating that its growth is slower than the national rate. Overall, home buyers looking to settle in 62088 Staunton can enjoy lower prices but may not benefit from a higher appreciation rate.
The median home cost in Staunton (zip 62088) is $118,100. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Staunton (zip 62088) is up 10.0%.
Average Age of Homes
- The median age of Staunton (zip 62088) real estate is 51 years old
The Rental Market in Staunton (zip 62088)
- Renters make up 24.6% of the Staunton (zip 62088) population
- 3.0% of houses and apartments in Staunton (zip 62088), 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.