East Cape Girardeau, IL has a median housing value of $68,300, which is significantly lower than the US median housing value of $338,100. In the last year, the US median housing appreciation rate was 8.27%, while East Cape Girardeau's rate was slightly lower at 8.05%. This indicates that, although East Cape Girardeau is still experiencing an increase in housing values, it is not as significant as other areas in the US. Despite this relatively low appreciation rate, home prices remain affordable and accessible for many people in East Cape Girardeau.
The median home cost in East Cape Girardeau is $68,300. Home appreciation the last 10 years has been 35.3%. Home Appreciation in East Cape Girardeau is up 14.3%.
Average Age of Homes
- The median age of East Cape Girardeau real estate is 43 years old
The Rental Market in East Cape Girardeau
- Renters make up 30.5% of the East Cape Girardeau population
- 18.7% of houses and apartments in East Cape Girardeau, 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.