The housing market in Richland, IL County is flourishing. The median value of the county's housing is an impressive $101,800, which is significantly lower than the US median value of $338,100. Additionally, the county has seen a remarkable 17.08% appreciation in housing prices over the past year, significantly higher than the US average of 8.27%. This shows that Richland County is an attractive area for those looking to invest in real estate.
The median home cost in Richland County is $101,800. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Richland County is up 9.6%.
Average Age of Homes
- The median age of Richland County real estate is 48 years old
The Rental Market in Richland County
- Renters make up 22.9% of the Richland County population
- 1.2% of houses and apartments in Richland 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.