Housing in Sangamon, IL County is relatively affordable compared to the national median. The median home value in the area is $145,900, which is less than half of the US median of $338,100. Despite the more modest prices, homeowners in the county have still seen gains in their homes over the past year with an appreciation rate of 8.06%. This is slightly lower than the US average appreciation rate over the same period of 8.27%. All in all, it's a great time to invest in housing in Sangamon County.
The median home cost in Sangamon County is $145,900. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Sangamon County is up 13.0%.
Average Age of Homes
- The median age of Sangamon County real estate is 46 years old
The Rental Market in Sangamon County
- Renters make up 27.7% of the Sangamon County population
- 1.9% of houses and apartments in Sangamon 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.