Peotone, IL is a great place to invest in real estate. The median value of a house in Peotone is $257,600, which is significantly lower than the US median value of $338,100. Additionally, the one-year appreciation rate for housing in Peotone is 9.35%, which is greater than the US appreciation rate of 8.27%. This indicates that Peotone offers an excellent opportunity for those looking to invest in real estate and benefit from the rising market values.
The median home cost in Peotone is $257,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Peotone is up 13.7%.
Average Age of Homes
- The median age of Peotone real estate is 43 years old
The Rental Market in Peotone
- Renters make up 18.0% of the Peotone population
- 1.8% of houses and apartments in Peotone, 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.