Karnak, IL is a small town with an affordable housing market. The median value of houses in Karnak is $63,800 which is significantly lower than the US median value of $338,100. Although the rate of house appreciation in Karnak is lower than the national rate at 8.05%, compared to 8.27% respectively, it still has seen a steady increase in property values over the past year. This makes Karnak an attractive option for those looking for quality homes at prices that are within reach.
The median home cost in Karnak is $63,800. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Karnak is up 14.3%.
Average Age of Homes
- The median age of Karnak real estate is 64 years old
The Rental Market in Karnak
- Renters make up 9.2% of the Karnak population
- 2.8% of houses and apartments in Karnak, 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.