Crete, IL Housing

Crete, IL is a great place to invest in housing, with median values around $237,400. This is significantly lower than the US median values of $338,100. Moreover, the appreciation rate has been strong in Crete over the past year at 9.35%, compared to the US 1 year house appreciation rate of 8.27%. Investing in housing in Crete can be a great way to gain some financial security and benefit from the increasing value of property.

The median home cost in Crete is $237,400. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Crete is up 13.7%.

Average Age of Homes

- The median age of Crete real estate is 40 years old

The Rental Market in Crete

- Renters make up 18.0% of the Crete population
- 2.7% of houses and apartments in Crete, 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	Crete, Illinois	United States
	3,549.0	139,647,020.0
	45	42
	$237,400	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$25.83	$10.98
	$6,034	$2,690
	80.5%	57.4%
	7.0%	11.2%
	12.5%	31.4%
Vacant Housing
	2.7%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	0.6%	0.4%
	0.0%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.4%	2.4%
	0.2%	2.8%
	0.6%	3.9%
	3.4%	4.5%
	23.7%	11.3%
	34.8%	13.0%
	24.9%	20.1%
	6.1%	13.6%
	0.6%	8.3%
	1.2%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	11.2%	13.6%
	16.9%	13.2%
	22.7%	14.8%
	11.2%	13.6%
	6.9%	10.0%
	4.8%	4.7%
	11.7%	12.2%