Danforth, IL is a great place to consider when looking for housing. The median value of the housing in Danforth is $137,600, which is significantly lower than the US median home value of $338,100. However, the appreciation rate of 7.34% in Danforth is close to the US 1 year house appreciation rate of 8.27%. This suggests that the housing market in Danforth is stable and offers potential buyers a good opportunity to get a good deal on their next home.
The median home cost in Danforth is $137,600. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Danforth is up 15.4%.
Average Age of Homes
- The median age of Danforth real estate is 54 years old
The Rental Market in Danforth
- Renters make up 32.2% of the Danforth population
- 3.7% of houses and apartments in Danforth, 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.