The housing in Arrowsmith, IL is very affordable in comparison to the US overall median house value. According to recent data, the median value of a home in Arrowsmith is $135,400 whereas the US house median value is $338,100. Additionally, Arrowsmith has experienced a higher rate of house appreciation over the past year with 14.21% as compared to the national one-year house appreciation rate of 8.27%. This means that housing in this city is not only more affordable but also has a higher potential for growth and returns for homeowners and investors alike.
The median home cost in Arrowsmith is $135,400. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Arrowsmith is up 16.3%.
Average Age of Homes
- The median age of Arrowsmith real estate is 75 years old
The Rental Market in Arrowsmith
- Renters make up 12.0% of the Arrowsmith population
- 0.0% of houses and apartments in Arrowsmith, 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.