The housing in Braceville, IL is very affordable compared to the national average. The median value of a house in Braceville,IL is $170,000 which is substantially lower compared to the US median value of $338,100. This affordability has made it a desirable destination for many looking to move into the area. The appreciation rates for houses have also been higher than the national average with a one year appreciation rate of 9.35%. For those looking for an affordable option that also keeps up with inflation and market trends, Braceville's housing market offers an attractive option.
The median home cost in Braceville is $170,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Braceville is up 13.7%.
Average Age of Homes
- The median age of Braceville real estate is 44 years old
The Rental Market in Braceville
- Renters make up 20.7% of the Braceville population
- 0.0% of houses and apartments in Braceville, 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.