The housing market in Humboldt, IL is booming. The median value for homes in the area is $106,200 which is significantly lower than the US median of $338,100. This price point makes home ownership accessible to many more buyers. In the past year alone, the house appreciation rate increased by 18.98%, over double the national average of 8.27%. This indicates that the housing market has remained strong and continues to grow, making Humboldt a great place for people looking to buy a home or invest in real estate.
The median home cost in Humboldt is $106,200. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Humboldt is up 13.5%.
Average Age of Homes
- The median age of Humboldt real estate is 50 years old
The Rental Market in Humboldt
- Renters make up 23.0% of the Humboldt population
- 0.0% of houses and apartments in Humboldt, 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.