The housing market in Deer Creek, IL is very robust with a median value of $171,000 and an appreciation rate of 14.21% over the past year. This is much higher than the US house median value of $338,100 and the US 1 year house appreciation rate of 8.27%. This suggests that Deer Creek is a desirable place to live and likely has strong job prospects for locals as well as a wide variety of amenities available.
The median home cost in Deer Creek is $171,000. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Deer Creek is up 16.3%.
Average Age of Homes
- The median age of Deer Creek real estate is 55 years old
The Rental Market in Deer Creek
- Renters make up 27.7% of the Deer Creek population
- 3.3% of houses and apartments in Deer Creek, 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.