Mahomet, IL is a great place to live, with a housing median value of $288,000. The US House Median Value is currently $338,100 and the US 1 year House Appreciation rate is 8.27%. Mahomet's one year House Appreciation rate is even higher at 8.72%, showing that it's an up-and-coming area for real estate investment. With its growing population and strong job market, this could be the perfect place to call home.
The median home cost in Mahomet is $288,000. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Mahomet is up 14.5%.
Average Age of Homes
- The median age of Mahomet real estate is 24 years old
The Rental Market in Mahomet
- Renters make up 18.0% of the Mahomet population
- 6.1% of houses and apartments in Mahomet, 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.