The housing market in Cowden, IL is flourishing with a median value of $97,700, significantly lower than the US median value of $338,100. The appreciation rate for homes in Cowden over the past year was 7.94%, only slightly below the national average of 8.27%. It appears that the housing market in Cowden is growing and could be an attractive option for potential home buyers looking for a more affordable alternative to larger cities in the US.
The median home cost in Cowden is $97,700. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Cowden is up 9.4%.
Average Age of Homes
- The median age of Cowden real estate is 53 years old
The Rental Market in Cowden
- Renters make up 23.0% of the Cowden population
- 3.1% of houses and apartments in Cowden, 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.