The housing market in Industry, IL is steady and attractive to potential homeowners. The median value of a house in Industry is slightly lower than the national median of $338,100 at $74,500. There has been an 8.27% appreciation in the value of houses nationally over the past year, while Industry saw a 7.76% appreciation rate for the same time period. This makes Industry an appealing location for those looking to purchase a home without paying too high of a price tag or inflation rate.
The median home cost in Industry is $74,500. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Industry is up 8.9%.
Average Age of Homes
- The median age of Industry real estate is 67 years old
The Rental Market in Industry
- Renters make up 9.0% of the Industry population
- 0.0% of houses and apartments in Industry, 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.