Lily Lake, IL is a great place to invest in real estate. The median value of homes in this area is $418,400, which is significantly higher than the US median home value of $338,100. Furthermore, the house appreciation rate over the past year has been 9.73%, which exceeds the national average of 8.27%. This indicates that buying a home in Lily Lake would be a wise investment with potential for significant returns.
The median home cost in Lily Lake is $418,400. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Lily Lake is up 12.6%.
Average Age of Homes
- The median age of Lily Lake real estate is 34 years old
The Rental Market in Lily Lake
- Renters make up 8.2% of the Lily Lake population
- 0.0% of houses and apartments in Lily Lake, 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.