The housing market in Anchor, IL is performing very well compared to the national market. The median value of a home in Anchor is $119,900, significantly lower than the US House Median Value of $338,100. However, Anchor's 1 year house appreciation rate is 14.21%, much higher than the US 1 year house appreciation rate of 8.27%. This indicates that Anchor homes are increasing in value at a faster rate than other areas and could be a great investment for buyers looking for an affordable option with good potential for appreciation.
The median home cost in Anchor is $119,900. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Anchor is up 16.3%.
Average Age of Homes
- The median age of Anchor real estate is 76 years old
The Rental Market in Anchor
- Renters make up 7.8% of the Anchor population
- 0.0% of houses and apartments in Anchor, 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.