The housing market in Lynnville, IL is less expensive than the US Housing Median Value which is $338,100. The median value for homes in Lynnville is only $68,200. While there has been an 8.27% appreciation of house values nationally over the last year, this appreciation rate is slightly lower in Lynnville at 6.36%. Despite the lower rate of appreciation, Lynnville remains a great place to invest in real estate due to its relatively low prices and potential for growth.
The median home cost in Lynnville is $68,200. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Lynnville is up 11.6%.
Average Age of Homes
- The median age of Lynnville real estate is 52 years old
The Rental Market in Lynnville
- Renters make up 5.3% of the Lynnville population
- 0.0% of houses and apartments in Lynnville, 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.