The housing market in Barry, IL is a great place to invest in real estate. The median value of a house is $78,600, which is much lower than the US House Median Value of $338,100. Despite this, the one year house appreciation rate in Barry, IL still stands at 7.86%, which is slightly lower than the US average of 8.27%. This means that real estate values are increasing steadily in Barry and offers an attractive opportunity for potential buyers or investors.
The median home cost in Barry is $78,600. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Barry is up 14.9%.
Average Age of Homes
- The median age of Barry real estate is 63 years old
The Rental Market in Barry
- Renters make up 20.7% of the Barry population
- 5.5% of houses and apartments in Barry, 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.