The housing market in Sicily Island, LA is much more affordable than the overall US average. The median value of a home in Sicily Island is $100,900 compared to the US median value of $338,100. This difference in price points creates an opportunity for first time buyers looking to get into the housing market. Despite this lower price point however, appreciation on homes in Sicily Island has not been as strong as it has across the US with a year-on-year appreciation rate of 0.82% compared to 8.27% across the country.
The median home cost in Sicily Island is $100,900. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Sicily Island is up 8.6%.
Average Age of Homes
- The median age of Sicily Island real estate is 44 years old
The Rental Market in Sicily Island
- Renters make up 23.8% of the Sicily Island population
- 0.0% of houses and apartments in Sicily Island, 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.