McLean County, IL Housing

The housing market in McLean, IL County is strong and has been appreciating rapidly. The median value of homes in the area is $207,300, which is far lower than the US median house value of $338,100. The one year appreciation rate for houses in this county is 14.21%, which is significantly higher than the national average of 8.27%. This rapid growth means that people looking to purchase a home in McLean County can expect to benefit from a strong market and gain equity quickly as their property values increase steadily over time.

The median home cost in McLean County is $207,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in McLean County is up 16.3%.

Average Age of Homes

- The median age of McLean County real estate is 39 years old

The Rental Market in McLean County

- Renters make up 30.6% of the McLean County population
- 3.2% of houses and apartments in McLean 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	McLean, Illinois	United States
	74,487.0	139,647,020.0
	42	42
	$207,300	$338,100
	16.3%	16.6%
	36.2%	57.0%
	40.7%	101.1%
	$23.94	$10.98
	$4,073	$2,690
	59.1%	57.4%
	8.8%	11.2%
	32.1%	31.4%
Vacant Housing
	3.2%	1.9%
	1.8%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	1.7%	2.4%
	2.1%	2.8%
	3.9%	3.9%
	6.4%	4.5%
	21.5%	11.3%
	24.3%	13.0%
	23.2%	20.1%
	8.5%	13.6%
	3.0%	8.3%
	1.7%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.9%	13.6%
	14.9%	13.6%
	17.7%	13.6%
	10.4%	13.2%
	16.9%	14.8%
	17.7%	13.6%
	6.8%	10.0%
	4.2%	4.7%
	13.9%	12.2%

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