The housing market in Media, IL is strong and growing. The median value of a home in Media, IL is currently $117,000, which is lower than the US median value of $338,100. Despite this difference, the appreciation rate for homes in Media, IL has been strong over the last year at 7.76%, just slightly lower than the US 1 year house appreciation rate of 8.27%. With prices still significantly lower than the national average and promising appreciation trends, Media could be an attractive option for potential homebuyers looking for a bargain.
The median home cost in Media is $117,000. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Media is up 8.9%.
Average Age of Homes
- The median age of Media real estate is 78 years old
The Rental Market in Media
- Renters make up 7.5% of the Media population
- 0.0% of houses and apartments in Media, 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.