Housing in Payson, IL is generally more affordable than the national average. The median value for a house in Payson, IL is $136,200 compared to the US median of $338,100. Although the home appreciation rate for Payson, IL over the past year has been slightly lower than the national average at 7.86%, it still provides a great opportunity for those looking to invest in property in this area.
The median home cost in Payson is $136,200. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Payson is up 14.9%.
Average Age of Homes
- The median age of Payson real estate is 44 years old
The Rental Market in Payson
- Renters make up 13.4% of the Payson population
- 0.0% of houses and apartments in Payson, 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.