Effingham, IL is a great place to live with its median housing value of $197,200. This is considerably lower than the US median housing value of $338,100. The one year house appreciation for Effingham was 7.94%, which is slightly lower than the national average of 8.27%. Despite this, the housing market in Effingham has been steadily increasing and provides an affordable option for those looking to purchase a home.
The median home cost in Effingham is $197,200. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Effingham is up 9.4%.
Average Age of Homes
- The median age of Effingham real estate is 44 years old
The Rental Market in Effingham
- Renters make up 32.7% of the Effingham population
- 1.9% of houses and apartments in Effingham, 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.