The housing in Douglas, IL County is very affordable compared to the US median house value. The median house value in Douglas, IL County is $127,400, which is approximately 62% lower than the US median house value of $338,100. Additionally, the 1 year appreciation rate for housing in Douglas, IL County is 9.73%, which is almost 1.5% higher than the US 1 year house appreciation rate of 8.27%. This means that despite its affordability, homeowners in this county are seeing steady increases in property value and can expect an even higher return on their investment over time.
The median home cost in Douglas County is $127,400. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Douglas County is up 13.5%.
Average Age of Homes
- The median age of Douglas County real estate is 53 years old
The Rental Market in Douglas County
- Renters make up 21.2% of the Douglas County population
- 1.4% of houses and apartments in Douglas County, 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.