The housing market in Goreville, IL is quite strong compared to the national average. The median value for a house in Goreville is $153,900, which is significantly lower than the US median value of $338,100. Despite the gap in prices between the two areas, both have experienced similar appreciation rates over the past year. In Goreville, IL this rate stands at 8.05% while the national rate was 8.27%. This suggests that real estate investors and homeowners alike can find good opportunities in this area of Illinois.
The median home cost in Goreville is $153,900. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Goreville is up 14.3%.
Average Age of Homes
- The median age of Goreville real estate is 41 years old
The Rental Market in Goreville
- Renters make up 34.7% of the Goreville population
- 0.0% of houses and apartments in Goreville, 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.