McLean, IL is a great place to invest in real estate. The median value of housing in McLean is $154,900, which is significantly lower than the US median value of $338,100. This makes it more accessible to potential buyers. In addition, the one-year house appreciation rate in McLean has been 14.21%, over six percent higher than the national average of 8.27%. With its low cost and increasing value, McLean is an attractive option for anyone looking to purchase a home.
The median home cost in McLean is $154,900. Home appreciation the last 10 years has been 40.7%. Home Appreciation in McLean is up 16.3%.
Average Age of Homes
- The median age of McLean real estate is 58 years old
The Rental Market in McLean
- Renters make up 10.8% of the McLean population
- 2.1% of houses and apartments in McLean, 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.