The housing market in Eureka, IL is quite robust. The median value of homes is currently $161,400 and the appreciation rate has been 7.36% over the past year. This is slightly lower than the national appreciation rate of 8.27%, but still quite respectable. Though the median house value in Eureka, IL is a bit lower than the national average of $338,100, it provides an excellent opportunity for first-time homebuyers to purchase a property at an attractive price point. The solid appreciation rate also ensures that a homeowner can expect to see an increase in their investment over time.
The median home cost in Eureka is $161,400. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Eureka is up 7.3%.
Average Age of Homes
- The median age of Eureka real estate is 45 years old
The Rental Market in Eureka
- Renters make up 32.6% of the Eureka population
- 0.0% of houses and apartments in Eureka, 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.