The housing market in Minooka, IL is booming. The median value of homes in the area is $296,800, which is slightly lower than the US median value of $338,100. However, the area has seen a 9.35% increase in house prices in the last year, which surpasses the US 1 year house appreciation rate of 8.27%. With values steadily increasing and prospects for further growth looking good, now may be an ideal time to invest in real estate in Minooka, IL.
The median home cost in Minooka is $296,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Minooka is up 13.7%.
Average Age of Homes
- The median age of Minooka real estate is 15 years old
The Rental Market in Minooka
- Renters make up 15.3% of the Minooka population
- 0.0% of houses and apartments in Minooka, 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.