The housing market in New Baden, IL is looking strong. The median value of homes is $174,100, which is significantly lower than the US House Median Value of $338,100. In the past year alone, the US House Appreciation rate has been 8.27%, however New Baden, IL saw an impressive 10.25% growth in home values over the same period of time. This suggests that New Baden has been experiencing a stronger housing market compared to other parts of the country and could provide good investment opportunities for potential buyers or current homeowners looking to benefit from rising prices.
The median home cost in New Baden is $174,100. Home appreciation the last 10 years has been 42.4%. Home Appreciation in New Baden is up 12.4%.
Average Age of Homes
- The median age of New Baden real estate is 36 years old
The Rental Market in New Baden
- Renters make up 20.0% of the New Baden population
- 0.0% of houses and apartments in New Baden, 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.