The housing market in Brownstown, IL is currently very robust. The median value of a house in the area is $111,100, which is significantly lower than the US House median value of $338,100. Additionally, the one year appreciation rate for houses in Brownstown, IL is 7.94%, which is slightly lower than the US 1 year House Appreciation rate of 8.27%. This indicates a healthy level of demand for homes in the area and suggests that now may be a good time to invest in real estate in Brownstown.
The median home cost in Brownstown is $111,100. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Brownstown is up 9.4%.
Average Age of Homes
- The median age of Brownstown real estate is 66 years old
The Rental Market in Brownstown
- Renters make up 19.3% of the Brownstown population
- 6.1% of houses and apartments in Brownstown, 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.