Long Grove, IL is an affluent community with a median housing value of $697,600. This value is significantly higher than the national median housing value of $338,100. Furthermore, in the last year, house appreciation in Long Grove has been 8.83%, significantly higher than the US average of 8.27%. Clearly, Long Grove is an attractive area for those looking to invest in real estate and set up their home.
The median home cost in Long Grove is $697,600. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Long Grove is up 14.5%.
Average Age of Homes
- The median age of Long Grove real estate is 29 years old
The Rental Market in Long Grove
- Renters make up 2.1% of the Long Grove population
- 2.1% of houses and apartments in Long Grove, 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.