The housing market in Metcalf, IL is on the rise. The median value of homes is currently at $51,800, significantly lower than the US median value of $338,100. In the last year there has been an 8.27% appreciation in housing values nationally, however the appreciation rate in Metcalf was higher at 18.98%. This indicates that the housing market in Metcalf is booming and it is a great time to invest in buying or selling a home there.
The median home cost in Metcalf is $51,800. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Metcalf is up 13.5%.
Average Age of Homes
- The median age of Metcalf real estate is 78 years old
The Rental Market in Metcalf
- Renters make up 8.7% of the Metcalf population
- 3.3% of houses and apartments in Metcalf, 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.