Edinburg, IL is a great place to live when it comes to housing. The median value of the houses in Edinburg is $117,500, which is significantly lower than the national average of $338,100. Furthermore, Edinburg has seen a 10.25% rise in house prices in the last year whereas the US average was only 8.27%. These figures show that Edinburg is not only an affordable place to buy a house but also one with strong investment potential for property owners.
The median home cost in Edinburg is $117,500. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Edinburg is up 11.6%.
Average Age of Homes
- The median age of Edinburg real estate is 53 years old
The Rental Market in Edinburg
- Renters make up 23.5% of the Edinburg population
- 6.4% of houses and apartments in Edinburg, 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.