The housing market in Leaf River, IL is quite different when compared to the national market. The median house value for Leaf River, IL is $96,000 which is significantly lower than the U.S. median value of $338,100. Similarly, the 1 year appreciation rate in leaf river was 7.18% which is slightly lower than the nation-wide rate of 8.27%. This implies that the housing market in Leaf River is a bit slower moving than other parts of the country.
The median home cost in Leaf River is $96,000. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Leaf River is up 14.1%.
Average Age of Homes
- The median age of Leaf River real estate is 78 years old
The Rental Market in Leaf River
- Renters make up 26.0% of the Leaf River population
- 1.7% of houses and apartments in Leaf River, 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.