DeKalb, IL is a great place to invest in housing, as it has a median value of $206,000 and has seen an appreciation of 9.73% over the past year. This is higher than the US house appreciation of 8.27%, making it an attractive option for potential buyers and investors. Despite being lower than the US median value of $338,100, DeKalb still offers much in terms of amenities and quality housing options. As the demand for housing in this area grows, so too do its prices – making it a great place to invest in real estate.
The median home cost in DeKalb is $206,000. Home appreciation the last 10 years has been 63.3%. Home Appreciation in DeKalb is up 12.6%.
Average Age of Homes
- The median age of DeKalb real estate is 40 years old
The Rental Market in DeKalb
- Renters make up 50.6% of the DeKalb population
- 1.8% of houses and apartments in DeKalb, 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.