Belknap, IL has a median housing value of $96,000 which is significantly lower than the US median housing value of $338,100. Despite this difference in housing prices, Belknap has seen a strong appreciation rate in its housing market with an 8.05% increase over the past year. This rate is close to the national average of 8.27%, suggesting that it is a good time for potential buyers to invest in the real estate market in Belknap.
The median home cost in Belknap is $96,000. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Belknap is up 14.3%.
Average Age of Homes
- The median age of Belknap real estate is 52 years old
The Rental Market in Belknap
- Renters make up 3.4% of the Belknap population
- 0.0% of houses and apartments in Belknap, 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.