The housing market in Mounds, IL is considerably lower than the national average. The median house value in Mounds, IL is $59,200 compared to the US median of $338,100. Although the house appreciation rate in Mounds, IL is lower than the US rate of 8.27%, it has still seen an increase of 8.05%. This shows that there are still opportunities in the housing market for those looking to invest or buy a home in Mounds, IL.
The median home cost in Mounds is $59,200. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Mounds is up 14.3%.
Average Age of Homes
- The median age of Mounds real estate is 54 years old
The Rental Market in Mounds
- Renters make up 29.0% of the Mounds population
- 0.0% of houses and apartments in Mounds, 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.