The housing market in Broadwell, IL is relatively affordable compared to the US median value at $338,100. The median value of homes in Broadwell is about $95,500 and over the past year appreciation was 6.36%. This is lower than the national average of 8.27%, suggesting that homes are not appreciating as much here as they are elsewhere in the country. Despite this, many people find Broadwell a desirable place to live due to its affordability and friendly community atmosphere.
The median home cost in Broadwell is $95,500. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Broadwell is up 11.6%.
Average Age of Homes
- The median age of Broadwell real estate is 58 years old
The Rental Market in Broadwell
- Renters make up 21.5% of the Broadwell population
- 0.0% of houses and apartments in Broadwell, 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.