The housing market in Marine, IL is thriving, with a median value of $214,200. This is significantly lower than the US House Median Value of $338,100, but it still shows appreciation with an increase of 7.96% in the last year. Despite being lower than the nation’s average median housing value, Marine offers a great option for those looking to buy or rent a home in the area. With its strong growth and affordable prices, Marine is an attractive option for first time buyers or anyone looking to invest in real estate.
The median home cost in Marine is $214,200. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Marine is up 10.0%.
Average Age of Homes
- The median age of Marine real estate is 56 years old
The Rental Market in Marine
- Renters make up 25.7% of the Marine population
- 0.0% of houses and apartments in Marine, 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.