Housing in Chestnut CDP, IL is quite affordable compared to the national average. The median value of a house in Chestnut CDP, IL is $129,600, while the US median value is nearly three times higher at an average of $338,100. Additionally, housing appreciation in Chestnut CDP has outpaced the nation with a one-year appreciation rate of 10.25% as opposed to 8.27% nationwide. This indicates that housing in this area is likely to remain relatively affordable for those seeking to purchase property here.
The median home cost in Chestnut is $129,600. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Chestnut is up 11.6%.
Average Age of Homes
- The median age of Chestnut real estate is 78 years old
The Rental Market in Chestnut
- Renters make up 25.8% of the Chestnut population
- 0.0% of houses and apartments in Chestnut, 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.