The housing market in Energy, IL is quite healthy. The median value of homes in this town is $119,700, which is considerably lower than the national median value of $338,100. Despite a lower median value, house appreciation in Energy, IL over the past year has been almost identical to the national average at 8.05% compared to 8.27%. This indicates a strong housing market and suggests that now would be a good time for people looking to invest in real estate in Energy, IL.
The median home cost in Energy is $119,700. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Energy is up 14.3%.
Average Age of Homes
- The median age of Energy real estate is 36 years old
The Rental Market in Energy
- Renters make up 41.3% of the Energy population
- 1.3% of houses and apartments in Energy, 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.