Housing in Armington, IL is relatively affordable compared to the US median value of $338,100. The median value in Armington is currently $106,600 which has appreciated 14.21% over the past year. This is much higher than the 8.27% appreciation seen nationally, making this an attractive place to buy or invest in property. With such a significant increase in housing prices over the past year, now could be a great time to invest in housing in Armington, IL.
The median home cost in Armington is $106,600. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Armington is up 16.3%.
Average Age of Homes
- The median age of Armington real estate is 78 years old
The Rental Market in Armington
- Renters make up 19.9% of the Armington population
- 0.0% of houses and apartments in Armington, 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.