The housing market in Eldorado, IL is significantly lower than the US median value. The median home value in Eldorado is $47,900, while the US median house value is $338,100. In the last year, house appreciation for both the US and in Eldorado was 8.27% and 8.05%, respectively. Despite this positive trend, Eldorado still remains far behind its national counterpart in terms of housing values.
The median home cost in Eldorado is $47,900. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Eldorado is up 14.3%.
Average Age of Homes
- The median age of Eldorado real estate is 66 years old
The Rental Market in Eldorado
- Renters make up 27.6% of the Eldorado population
- 1.0% of houses and apartments in Eldorado, 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.