The housing market in Irving, IL is relatively affordable compared to the US average. The median value of a house in Irving, IL is around $75,400, while the US median value is much higher at $338,100. In addition, the 1-year appreciation rate for houses in Irving, IL was 7.96%, slightly lower than the national average of 8.27%. Overall, buying a house in Irving could be a great investment for those looking for an affordable home with room for potential growth.
The median home cost in Irving is $75,400. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Irving is up 10.0%.
Average Age of Homes
- The median age of Irving real estate is 71 years old
The Rental Market in Irving
- Renters make up 17.4% of the Irving population
- 1.8% of houses and apartments in Irving, 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.