Johnston City, IL is a great place to buy a home due to its lower housing median value compared to the US median value. The current median value for houses in Johnston City is $79,000 while the US median house value is $338,100. There has been an 8.05% appreciation rate in housing values over the past year in Johnston City and an 8.27% appreciation rate for housing nationwide. This makes Johnston City an attractive option for those looking to purchase a home at a more affordable price than other areas of the country and benefit from a solid return on their investment.
The median home cost in Johnston City is $79,000. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Johnston City is up 14.3%.
Average Age of Homes
- The median age of Johnston City real estate is 60 years old
The Rental Market in Johnston City
- Renters make up 34.8% of the Johnston City population
- 2.4% of houses and apartments in Johnston City, 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.