The median value of housing in Chebanse, IL is significantly lower than the US overall median value at $146,200 compared to $338,100. The 1 year house appreciation rate is also lower in Chebanse at 7.34%, compared to the US rate of 8.27%. This indicates that the housing market in Chebanse is slower and more stable than the national market, which could be a great opportunity for those looking for steady growth over time without too much risk.
The median home cost in Chebanse is $146,200. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Chebanse is up 15.4%.
Average Age of Homes
- The median age of Chebanse real estate is 56 years old
The Rental Market in Chebanse
- Renters make up 21.8% of the Chebanse population
- 0.0% of houses and apartments in Chebanse, 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.