The housing market in Bement, IL is a great place to consider when looking for a home. The median value of homes in the area is currently $108,000, which is much lower than the national median value of $338,100. Additionally, the one year house appreciation rate in Bement is 8.72%, higher than the national rate of 8.27%. With these two factors combined, Bement provides an attractive option for those seeking to buy a home and get a good return on their investment.
The median home cost in Bement is $108,000. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Bement is up 14.5%.
Average Age of Homes
- The median age of Bement real estate is 58 years old
The Rental Market in Bement
- Renters make up 17.4% of the Bement population
- 1.4% of houses and apartments in Bement, 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.