The housing market in Junction City, IL is quite different from the US median value. The median value for homes in Junction City is $64,500, which is much lower than the US median value of $338,100. However, what is interesting about this market is that the one-year appreciation rate for homes in Junction City has been significantly higher than the US average at 18.28%, compared to 8.27%. This suggests that now may be a good time to invest in a home in Junction City as prices are still relatively low and appreciation rates are high.
The median home cost in Junction City is $64,500. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Junction City is up 11.3%.
Average Age of Homes
- The median age of Junction City real estate is 34 years old
The Rental Market in Junction City
- Renters make up 8.5% of the Junction City population
- 0.0% of houses and apartments in Junction 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.