The housing market in Nauvoo, IL is quite strong. The median value of a house in Nauvoo is $123,700, which is significantly lower than the US House Median Value of $338,100. Despite this large difference in prices, the 1 year House Appreciation in Nauvoo is still quite good at 7.86%, only slightly less than the national average of 8.27%. This indicates a healthy market for potential home-buyers looking to purchase a residence in the area.
The median home cost in Nauvoo is $123,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Nauvoo is up 14.9%.
Average Age of Homes
- The median age of Nauvoo real estate is 50 years old
The Rental Market in Nauvoo
- Renters make up 25.0% of the Nauvoo population
- 7.3% of houses and apartments in Nauvoo, 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.