The housing market in Carbon Hill, IL is healthy and growing. The median value of homes is $180,300 compared to the US median value of $338,100. In the past year, home appreciation in Carbon Hill has grown at an impressive rate of 9.35%, which is higher than the US average of 8.27%. This indicates that investing in housing in Carbon Hill can be a sound financial decision for those looking to enter the market. With rising values and strong appreciation rates, Carbon Hill is an ideal location for prospective homebuyers who wish to invest in a growing market with plenty of potential.
The median home cost in Carbon Hill is $180,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Carbon Hill is up 13.7%.
Average Age of Homes
- The median age of Carbon Hill real estate is 47 years old
The Rental Market in Carbon Hill
- Renters make up 17.6% of the Carbon Hill population
- 0.0% of houses and apartments in Carbon Hill, 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.