Germantown, IL is a great place to buy a house. The median value of a home in Germantown is $192,500 which is significantly lower than the US median value of $338,100. This makes it an attractive option for those looking to purchase a home. In addition, the one-year appreciation rate of housing in Germantown is 10.25%, which is higher than the US average of 8.27%. This means that investing in housing in Germantown could yield potential returns over time. Therefore, it may be worth considering purchasing a house in Germantown as an investment opportunity.
The median home cost in Germantown is $192,500. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Germantown is up 12.4%.
Average Age of Homes
- The median age of Germantown real estate is 44 years old
The Rental Market in Germantown
- Renters make up 8.4% of the Germantown population
- 1.6% of houses and apartments in Germantown, 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.