The housing market in Atlanta, IL is thriving with a median value of $123,300. This is significantly lower than the US median house value of $338,100, making it an attractive location for potential home buyers. In addition to the low cost of entry, the 1 year appreciation rate for housing in Atlanta, IL is 14.21%, significantly higher than the US average of 8.27%. This makes investing in residential real estate in Atlanta a wise and potentially lucrative decision. With its low price and excellent appreciation rate, Atlanta's housing market is quickly becoming an attractive option for anyone looking to buy or invest.
The median home cost in Atlanta is $123,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Atlanta is up 16.3%.
Average Age of Homes
- The median age of Atlanta real estate is 53 years old
The Rental Market in Atlanta
- Renters make up 19.5% of the Atlanta population
- 1.3% of houses and apartments in Atlanta, 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.