Mill Shoals, IL is an exciting place to live due to its high house appreciation rates. The median value of housing in Mill Shoals is $76,800, significantly lower than the US median value of $338,100. Furthermore, it has seen a rapid growth rate of 18.28% over the past year, nearly double the national average of 8.27%. This makes Mill Shoals an ideal place to invest in real estate and buy a home as values are likely to continue appreciating at an accelerated rate.
The median home cost in Mill Shoals is $76,800. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Mill Shoals is up 11.3%.
Average Age of Homes
- The median age of Mill Shoals real estate is 44 years old
The Rental Market in Mill Shoals
- Renters make up 16.7% of the Mill Shoals population
- 0.0% of houses and apartments in Mill Shoals, 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.