City:

Staunton, IL

Staunton is a city in the state of illinois with a population of roughly 6,647. It is in Macoupin County, Illinois the St. Louis, MO-IL core-based statistical areas (CBSA), and the St. Louis-St. Charles-Farmington, MO-IL combined statistical area (CSA).Its Zip codes include 62088 .

Trends in Home Prices in Staunton, IL

Real estate in Staunton, Illinois is a booming industry. The city has seen an influx of new residents and businesses over the past few years, which has led to an increase in real estate prices. There are a number of reasons why this is happening. First, Staunton is located in a desirable area with plenty of job opportunities. Second, the city has been proactive in marketing its assets to potential investors and residents. Finally, the local real estate market is saturated with quality properties that are available for sale.

The city's population has grown by about 10% over the past few years, which has led to an increase in demand for housing and commercial space. This growth has also driven up prices for both types of property. The median price for residential properties increased by about 25% between 2016 and 2017, while commercial property values increased by about 30%.

There are a number of factors that have contributed to this growth in the Staunton real estate market. First, the city is located in a desirable area with plenty of job opportunities. Second, the city has been proactive in marketing its assets to potential investors and residents. Finally, there are a lot of quality properties available for sale at reasonable prices.

Price Index: St. Louis, MO-IL

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