The housing market in Kangley, IL is relatively affordable compared to the national average. The median value of a home in Kangley is $80,500 whereas the US median value is $338,100. Although the appreciation rate for homes nationally has been 8.27%, homes in Kangley have seen a 1 year appreciation rate of 6.44%. This indicates that the housing market in Kangley may be slower than other areas but still offering an attractive investment opportunity due to its affordability and moderate appreciation rates.
The median home cost in Kangley is $80,500. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Kangley is up 8.8%.
Average Age of Homes
- The median age of Kangley real estate is 78 years old
The Rental Market in Kangley
- Renters make up 21.5% of the Kangley population
- 3.0% of houses and apartments in Kangley, 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.