The housing market in Golconda, IL is more affordable than the US average. According to data from Zillow, the median value of homes in Golconda is $116,100, which is significantly lower than the US median house value of $338,100. The 1 year appreciation rate for homes in the US was 8.27%, while the 1 year appreciation rate for homes in Golconda was 8.05%. This indicates that the housing market in Golconda has seen steady growth over the past year. For those looking for a more affordable option to buy a home, or who want to take advantage of potential housing appreciation, Golconda could be an attractive place to invest.
The median home cost in Golconda is $116,100. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Golconda is up 14.3%.
Average Age of Homes
- The median age of Golconda real estate is 71 years old
The Rental Market in Golconda
- Renters make up 38.6% of the Golconda population
- 2.8% of houses and apartments in Golconda, 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.