Aledo, IL is a great city for those looking to purchase a home. The median value for housing in Aledo is $120,000, lower than the US median value of $338,100. While the US has seen an 8.27% increase in house appreciation over the past year, Aledo has seen a slightly lower appreciation rate of 6.99%. This makes now an opportune time for buyers in Aledo to take advantage of this market while prices are still relatively low compared to the national average.
The median home cost in Aledo is $120,000. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Aledo is up 8.3%.
Average Age of Homes
- The median age of Aledo real estate is 60 years old
The Rental Market in Aledo
- Renters make up 32.4% of the Aledo population
- 3.4% of houses and apartments in Aledo, 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.