The housing market in Steger, IL is an attractive option for potential home buyers. The median value of a home in the area is $123,800 which is less than the US house median of $338,100. Additionally, the rate of appreciation over the past year has been 9.35%, which is higher than the US average of 8.27%. This makes Steger a great place to buy a home and start looking to build equity in the near future.
The median home cost in Steger is $123,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Steger is up 13.7%.
Average Age of Homes
- The median age of Steger real estate is 47 years old
The Rental Market in Steger
- Renters make up 39.9% of the Steger population
- 4.7% of houses and apartments in Steger, 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.