The housing market in Warrenville, IL is flourishing. The median value for homes in Warrenville is $284,700, which is significantly lower than the US median of $338,100. However, the one-year appreciation rate for houses in Warrenville is actually higher than the national average at 9.58%, indicating that home values are increasing quickly. This is great news for potential buyers and demonstrates the potential to make an excellent return on investment in this area.
The median home cost in Warrenville is $284,700. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Warrenville is up 14.1%.
Average Age of Homes
- The median age of Warrenville real estate is 38 years old
The Rental Market in Warrenville
- Renters make up 19.0% of the Warrenville population
- 0.3% of houses and apartments in Warrenville, 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.