The housing market in Channahon, IL is appreciating faster than the national average. The median value of a house in Channahon is $318,500, which is slightly lower than the US median value of $338,100. However, in the past year, houses in Channahon have appreciated by 9.35%, while the US as a whole has appreciated by 8.27%. This indicates that housing in Channahon is becoming more desirable and valuable over time. Overall, this suggests that now may be a good time to invest in property within Channahon.
The median home cost in Channahon is $318,500. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Channahon is up 13.7%.
Average Age of Homes
- The median age of Channahon real estate is 21 years old
The Rental Market in Channahon
- Renters make up 11.0% of the Channahon population
- 0.0% of houses and apartments in Channahon, 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.