The housing market in Coleta, IL is thriving. The median value of a home in this area is $103,000, which is significantly lower than the US median value of $338,100. In the past year, house appreciation in Coleta has increased by 7.18%, slightly lower than the 8.27% average seen across the United States. This slower rate of growth indicates that while homes are still appreciating in value, prices are not skyrocketing as quickly as other parts of the country. Overall, Coleta is an affordable place to live with many opportunities for homeowners who want to invest in property.
The median home cost in Coleta is $103,000. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Coleta is up 14.1%.
Average Age of Homes
- The median age of Coleta real estate is 70 years old
The Rental Market in Coleta
- Renters make up 9.8% of the Coleta population
- 0.0% of houses and apartments in Coleta, 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.