The housing market in Jacksonville, IL is relatively affordable, with the median value being $116,500. This is significantly lower than the national median value of $338,100. Despite this lower price point, Jacksonville has seen notable appreciation over the past year at 6.36%. This rate of appreciation is slightly lower than the national average of 8.27%, yet still indicates a strong housing market in Jacksonville.
The median home cost in Jacksonville is $116,500. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Jacksonville is up 11.6%.
Average Age of Homes
- The median age of Jacksonville real estate is 55 years old
The Rental Market in Jacksonville
- Renters make up 37.1% of the Jacksonville population
- 1.8% of houses and apartments in Jacksonville, 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.