The housing market in London Mills, IL is much more affordable than the US average, with a median value of $68,600. Despite this low median value, the homes in London Mills have appreciated over the last year by 7.36%, just slightly behind the US' 8.27%. This suggests that London Mills is a good place to invest in real estate and reap plenty of rewards for a fraction of the cost.
The median home cost in London Mills is $68,600. Home appreciation the last 10 years has been 26.6%. Home Appreciation in London Mills is up 7.3%.
Average Age of Homes
- The median age of London Mills real estate is 78 years old
The Rental Market in London Mills
- Renters make up 10.7% of the London Mills population
- 0.0% of houses and apartments in London Mills, 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.