The housing market in Middletown, IL is a great investment opportunity. The median value of a home in the area is $72,700, which is significantly lower than the US median of $338,100. Despite this discrepancy, the one year appreciation rate of 6.36% for homes in Middletown is still higher than the national average of 8.27%. This makes investing in property in Middletown a smart decision as it offers good returns while also being budget-friendly.
The median home cost in Middletown is $72,700. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Middletown is up 11.6%.
Average Age of Homes
- The median age of Middletown real estate is 74 years old
The Rental Market in Middletown
- Renters make up 21.4% of the Middletown population
- 5.0% of houses and apartments in Middletown, 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.