The housing market in Long Point, IL is quite attractive. The median house value in the city is $111,700 which is significantly lower than the US median house value of $338,100. In terms of appreciation, the US 1-year house appreciation rate is 8.27%, while Long Point's is 6.44%. This makes Long Point a great place for those looking for affordable housing with moderate appreciation rates.
The median home cost in Long Point is $111,700. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Long Point is up 8.8%.
Average Age of Homes
- The median age of Long Point real estate is 78 years old
The Rental Market in Long Point
- Renters make up 4.5% of the Long Point population
- 0.0% of houses and apartments in Long Point, 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.