The housing market in Long Creek, IL is a thriving one. The median value for homes in the area is $134,800, which is significantly lower than the median house value across the United States at $338,100. This makes owning a home in Long Creek an attractive option for many individuals and families. In addition to this, it has been observed that over the past year, there has been an 8.27% appreciation of house prices across the US as a whole and 10.25% appreciation in Long Creek itself, suggesting that there is positive growth in the area's housing market.
The median home cost in Long Creek is $134,800. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Long Creek is up 11.6%.
Average Age of Homes
- The median age of Long Creek real estate is 46 years old
The Rental Market in Long Creek
- Renters make up 7.0% of the Long Creek population
- 1.1% of houses and apartments in Long Creek, 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.