Housing in Hometown, IL is more affordable than the US median value, with a median of $174,700. The house appreciation rate is also higher than the US average, with a 1 year appreciation rate of 9.35%. This makes for a great opportunity for those looking to buy a home in Hometown as it offers an attractive price tag and potential for future growth. With the market continuing to appreciate, homeowners in Hometown can expect to see increased equity in their homes over time.
The median home cost in Hometown is $174,700. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Hometown is up 13.7%.
Average Age of Homes
- The median age of Hometown real estate is 62 years old
The Rental Market in Hometown
- Renters make up 18.7% of the Hometown population
- 0.6% of houses and apartments in Hometown, 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.