Elizabeth, IL is an attractive place to live due to its moderate housing values. The median value of a house in Elizabeth is $132,900, which is far lower than the US median value of $338,100. Furthermore, it has had a 7.18% appreciation over the past year compared to the 8.27% appreciation the US has seen in the same time frame. This makes living in Elizabeth an affordable and desirable option for those looking for a place to call home.
The median home cost in Elizabeth is $132,900. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Elizabeth is up 14.1%.
Average Age of Homes
- The median age of Elizabeth real estate is 78 years old
The Rental Market in Elizabeth
- Renters make up 30.7% of the Elizabeth population
- 1.2% of houses and apartments in Elizabeth, 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.