Housing in Ipava, IL is significantly less expensive than the US median value, with a median value of $70,200 compared to the national median of $338,100. While both the US and Ipava have experienced an appreciation in house values over the past year at 8.27% and 7.76% respectively, the difference in cost continues to be far apart. This is likely due to the relative size of Ipava and its location within Illinois, as it is a relatively small town located outside of major metropolitan areas.
The median home cost in Ipava is $70,200. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Ipava is up 8.9%.
Average Age of Homes
- The median age of Ipava real estate is 66 years old
The Rental Market in Ipava
- Renters make up 12.8% of the Ipava population
- 0.0% of houses and apartments in Ipava, 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.