The housing in Brocton, IL is an excellent investment for those looking for a great deal. The median value of housing in the area is $63,900, significantly lower than the US average of $338,100. In the past year, the US housing market has experienced an 8.27% appreciation while Brocton's homes have risen by 18.98%. This makes this small town a great place to buy a home for anyone seeking good value and high potential gain on their investment.
The median home cost in Brocton is $63,900. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Brocton is up 13.5%.
Average Age of Homes
- The median age of Brocton real estate is 68 years old
The Rental Market in Brocton
- Renters make up 21.8% of the Brocton population
- 3.2% of houses and apartments in Brocton, 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.