The housing market in Kappa, IL is booming. The median value of homes in the area stands at $166,300, which is significantly lower than the US house median value of $338,100. But this discrepancy can be easily offset by the higher appreciation rate seen in Kappa, IL: an impressive 14.21%, compared to the US 1 year house appreciation rate of 8.27%. This shows that investing in houses in Kappa, IL offers greater returns than other locations across the country.
The median home cost in Kappa is $166,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Kappa is up 16.3%.
Average Age of Homes
- The median age of Kappa real estate is 27 years old
The Rental Market in Kappa
- Renters make up 12.9% of the Kappa population
- 0.0% of houses and apartments in Kappa, 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.