The housing market in Camargo, IL is very robust. The median value of a house in Camargo is $153,500 which is significantly lower than the US median value of $338,100. This makes it much more affordable for potential buyers. Furthermore, the one year house appreciation rate within Camargo is a whopping 18.98%, way above the national average of 8.27%. This indicates that buying a house in Camargo, IL will bring substantial financial rewards over time.
The median home cost in Camargo is $153,500. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Camargo is up 13.5%.
Average Age of Homes
- The median age of Camargo real estate is 39 years old
The Rental Market in Camargo
- Renters make up 12.1% of the Camargo population
- 2.3% of houses and apartments in Camargo, 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.