The housing in East Gillespie, IL has a median value of $115,500 which is much lower than the US House Median Value of $338,100. Despite the lower median value, the 1 year house appreciation in East Gillespie, IL was 7.96%, just slightly below the US average of 8.27%. This shows that housing in East Gillespie, IL is still appreciating relatively quickly compared to national averages.
The median home cost in East Gillespie is $115,500. Home appreciation the last 10 years has been 42.8%. Home Appreciation in East Gillespie is up 10.0%.
Average Age of Homes
- The median age of East Gillespie real estate is 26 years old
The Rental Market in East Gillespie
- Renters make up 10.3% of the East Gillespie population
- 3.0% of houses and apartments in East Gillespie, 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.