Damiansville, IL is a desirable location for potential home buyers due to its relatively low median housing value of $172,400, when compared to the US house median value of $338,100. It has seen an impressive increase in appreciation rate over the past year of 10.25%, which is higher than the national average of 8.27%. Those interested in buying a home in Damiansville are likely to benefit from this high rate of return on their investment. It is clearly an area that many people are looking to purchase housing in due to its attractive market price and high appreciation rate.
The median home cost in Damiansville is $172,400. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Damiansville is up 12.4%.
Average Age of Homes
- The median age of Damiansville real estate is 35 years old
The Rental Market in Damiansville
- Renters make up 19.2% of the Damiansville population
- 0.0% of houses and apartments in Damiansville, 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.