The housing market in Chapin, IL is quite affordable compared to the US house median value of $338,100. The median housing value in Chapin, IL is $91,400. While the US house appreciation rate for the past year is 8.27%, the house appreciation rate for Chapin, IL over the same period was 6.36%. Overall this indicates that Chapin is a desirable place to live and invest property due to its affordability and steady appreciation rate.
The median home cost in Chapin is $91,400. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Chapin is up 11.6%.
Average Age of Homes
- The median age of Chapin real estate is 69 years old
The Rental Market in Chapin
- Renters make up 11.4% of the Chapin population
- 0.0% of houses and apartments in Chapin, 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.