Zip 62570 (Tovey, IL) Housing

The housing market in Tovey, IL (62570) has seen a steady appreciation of 10.25% in the past year, well above the US average appreciation of 8.27%. This has resulted in the median house value in Tovey being $68,600, which is significantly lower than the US median house value of $338,100. Despite this, the housing market in Tovey continues to be relatively strong and stable over time, as evidenced by its recent appreciation rate.

The median home cost in Tovey (zip 62570) is $68,600. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Tovey (zip 62570) is up 11.6%.

Average Age of Homes

- The median age of Tovey (zip 62570) real estate is 48 years old

The Rental Market in Tovey (zip 62570)

- Renters make up 17.0% of the Tovey (zip 62570) population
- 2.3% of houses and apartments in Tovey (zip 62570), 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	Tovey, Illinois	United States
	263.0	139,647,020.0
	68	42
	$68,600	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$18.58	$10.98
	$988	$2,690
	80.2%	57.4%
	6.5%	11.2%
	13.3%	31.4%
Vacant Housing
	2.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	3.0%	0.4%
	0.0%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	4.3%	2.4%
	13.3%	2.8%
	44.1%	3.9%
	21.8%	4.5%
	5.7%	11.3%
	0.0%	13.0%
	4.7%	20.1%
	3.8%	13.6%
	0.0%	8.3%
	0.0%	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%
	8.7%	13.6%
	8.7%	13.6%
	12.2%	13.6%
	5.3%	13.2%
	4.9%	14.8%
	12.2%	13.6%
	13.3%	10.0%
	4.2%	4.7%
	41.4%	12.2%

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