The housing market in Farmersville, IL is flourishing. The median value of houses in the area is $118,800, which is significantly lower than the national median of $338,100. Over the past year, house prices have appreciated by 10.25%, higher than the US average increase of 8.27%. This suggests that Farmersville is a popular location for homeowners and investors alike due to its attractive prices and potential for increased value.
The median home cost in Farmersville is $118,800. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Farmersville is up 11.6%.
Average Age of Homes
- The median age of Farmersville real estate is 55 years old
The Rental Market in Farmersville
- Renters make up 14.9% of the Farmersville population
- 2.4% of houses and apartments in Farmersville, 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.