The housing market in Iuka, IL is a great investment opportunity for buyers looking to purchase a home. The median value of houses in Iuka is $75,100, which is significantly lower than the US median house value of $338,100. Additionally, homes in Iuka appreciate at a higher rate than the national average with an appreciation of 18.28% over the last year compared to 8.27% for the US overall. With such a large gap between median values and higher appreciation rates, now is an excellent time to purchase property in Iuka.
The median home cost in Iuka is $75,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Iuka is up 11.3%.
Average Age of Homes
- The median age of Iuka real estate is 49 years old
The Rental Market in Iuka
- Renters make up 12.9% of the Iuka population
- 0.0% of houses and apartments in Iuka, 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.