The housing market in Flora, IL is vibrant and growing. The median value of a home in Flora is $79,400, which is significantly lower than the US median house value of $338,100. However, this does not reflect the appreciation of housing in Flora. Over the past year there has been an 18.28% increase in housing values in Flora compared to the US median appreciation rate of 8.27%. This demonstrates that Flora is a great place for individuals to invest in real estate and take advantage of the abundant opportunities available.
The median home cost in Flora is $79,400. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Flora is up 11.3%.
Average Age of Homes
- The median age of Flora real estate is 56 years old
The Rental Market in Flora
- Renters make up 29.0% of the Flora population
- 0.0% of houses and apartments in Flora, 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.