The housing in Highland, IL is quite impressive. The median value for a house is $214,600, which is significantly lower than the US median value of $338,100. Despite this difference, houses in Highland have seen an impressive appreciation rate of 10.25% over the past year, higher than the national average of 8.27%. This high appreciation rate indicates that Highland is a great place to invest in real estate, offering fantastic potential returns for homeowners.
The median home cost in Highland is $214,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Highland is up 12.4%.
Average Age of Homes
- The median age of Highland real estate is 36 years old
The Rental Market in Highland
- Renters make up 32.3% of the Highland population
- 0.0% of houses and apartments in Highland, 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.