The housing market in Grand Detour CDP, IL is currently quite healthy. The median value of a house in this area is $224,000, which is lower than the US median value of $338,100. Although it is lower, the one-year appreciation rate for house values in this area is still 7.18%, which is slightly below the national average of 8.27%. This indicates that Grand Detour CDP is a good place to invest in real estate as it promises good returns on investment.
The median home cost in Grand Detour is $224,000. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Grand Detour is up 14.1%.
Average Age of Homes
- The median age of Grand Detour real estate is 54 years old
The Rental Market in Grand Detour
- Renters make up 7.7% of the Grand Detour population
- 0.0% of houses and apartments in Grand Detour, 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.