The housing market in Ludlow, IL is quite affordable compared to the US median value, with a median value of $99,800. Although the appreciation rate is slightly lower than that of the US (7.34% compared to 8.27%), overall, the housing market in Ludlow has seen positive growth over the past year. It's an ideal place for those looking for an affordable place to live while still having access to amenities and attractions in the area.
The median home cost in Ludlow is $99,800. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Ludlow is up 15.4%.
Average Age of Homes
- The median age of Ludlow real estate is 53 years old
The Rental Market in Ludlow
- Renters make up 29.2% of the Ludlow population
- 2.8% of houses and apartments in Ludlow, 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.