Glen Carbon, IL is a great place to buy a home, with the median value being $263,100. While this is lower than the US median of $338,100, it still shows a healthy appreciation rate of 7.96% in just 1 year. This is slightly lower than the national appreciation rate of 8.27%, but still indicates that housing prices are going up in Glen Carbon and can be a great investment overall.
The median home cost in Glen Carbon is $263,100. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Glen Carbon is up 10.0%.
Average Age of Homes
- The median age of Glen Carbon real estate is 25 years old
The Rental Market in Glen Carbon
- Renters make up 30.6% of the Glen Carbon population
- 1.3% of houses and apartments in Glen Carbon, 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.