The housing in Maroa, IL is very affordable compared to the US house median value. The median value of a home in Maroa, IL is $117,200 which is far less than the US median value of $338,100. Furthermore, the one year house appreciation rate in Maroa, IL is 14.21%, much higher than the US rate of 8.27%. This indicates that the housing market in Maroa, IL is thriving with prices continuing to increase at a faster rate than most places in the United States.
The median home cost in Maroa is $117,200. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Maroa is up 16.3%.
Average Age of Homes
- The median age of Maroa real estate is 56 years old
The Rental Market in Maroa
- Renters make up 18.0% of the Maroa population
- 5.9% of houses and apartments in Maroa, 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.