Cairo, IL is a small town with a population of 2,831 as of 2019. The median value of housing in Cairo, IL is $53,400 which is significantly lower than the US house median value of $338,100. Despite this large gap in prices, the 1 year house appreciation rate for Cairo, IL is 8.05%, which is only slightly lower than the US average rate of 8.27%. This suggests that despite its low cost of living, Cairo's real estate market is still strong and growing.
The median home cost in Cairo is $53,400. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Cairo is up 14.3%.
Average Age of Homes
- The median age of Cairo real estate is 78 years old
The Rental Market in Cairo
- Renters make up 37.7% of the Cairo population
- 4.4% of houses and apartments in Cairo, 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.