The housing market in Gridley, IL is performing very well compared to the national average. The median value of a house in Gridley is $157,300, much lower than the US median value of $338,100. It also has a higher one-year appreciation rate of 14.21%, which is significantly higher than the US rate of 8.27%. This shows that housing prices in Gridley are increasing at a faster pace than the national average, making it an attractive place for buyers who want to get more for their money.
The median home cost in Gridley is $157,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Gridley is up 16.3%.
Average Age of Homes
- The median age of Gridley real estate is 49 years old
The Rental Market in Gridley
- Renters make up 15.1% of the Gridley population
- 1.4% of houses and apartments in Gridley, 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.