German Valley, IL is a small town with a population of just 533 people. The median value for a house in German Valley is $162,600, which is significantly lower than the national median housing value of $338,100. While the national 1-year house appreciation rate is 8.27%, German Valley's one year appreciation rate stands at 7.18%. Despite the lower housing values and appreciation rates, German Valley remains an attractive option for those looking to purchase real estate due to its affordable prices and relatively low taxes.
The median home cost in German Valley is $162,600. Home appreciation the last 10 years has been 50.3%. Home Appreciation in German Valley is up 14.1%.
Average Age of Homes
- The median age of German Valley real estate is 53 years old
The Rental Market in German Valley
- Renters make up 14.5% of the German Valley population
- 2.2% of houses and apartments in German Valley, 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.