Augusta, IL is an area with a median value for housing that is significantly lower than the US median value. Despite this, house appreciation in the area over the past year is still respectable, coming in at 7.86%. This means that despite having a lower median value relative to other areas of the country, it is still gaining value at nearly the same rate as other places. As such, Augusta remains an ideal area for those looking to invest in real estate or purchase a home.
The median home cost in Augusta is $93,800. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Augusta is up 14.9%.
Average Age of Homes
- The median age of Augusta real estate is 63 years old
The Rental Market in Augusta
- Renters make up 13.5% of the Augusta population
- 1.7% of houses and apartments in Augusta, 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.