Berlin, IL is a small town located in the state of Illinois with a population of about 1,000 people. The housing market in Berlin, IL is affordable with a median value of $76,900 which is significantly lower than the US median value of $338,100. Although slower than the national average, the one-year house appreciation rate for Berlin, IL still increased by 6.36% during this time period. This makes it an appealing option for those looking to buy or rent property in a rural area while still being able to enjoy all the amenities of city life.
The median home cost in Berlin is $76,900. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Berlin is up 11.6%.
Average Age of Homes
- The median age of Berlin real estate is 40 years old
The Rental Market in Berlin
- Renters make up 25.0% of the Berlin population
- 0.0% of houses and apartments in Berlin, 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.