Chenoa, IL is a great place to invest in housing. The median value of homes in Chenoa is significantly lower than the US median at $130,300, making it an attractive option for buyers looking for affordable housing. In addition, the one year house appreciation rate in Chenoa is well above the national average at 14.21%, suggesting that it is an area with potential for further growth and appreciation in the near future. If you're looking for a place to plant your roots and invest in real estate, Chenoa is definitely worth considering.
The median home cost in Chenoa is $130,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Chenoa is up 16.3%.
Average Age of Homes
- The median age of Chenoa real estate is 60 years old
The Rental Market in Chenoa
- Renters make up 22.5% of the Chenoa population
- 1.4% of houses and apartments in Chenoa, 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.