New Grand Chain, IL is a great place for homebuyers looking to get a good deal. The median value of a house in New Grand Chain is $58,500, which is significantly lower than the US median value of $338,100. Although the appreciation rate of houses in the US is 8.27%, 1 year appreciation rate in New Grand Chain is slightly lower at 8.05%. With relatively low housing costs and a decent appreciation rate, New Grand Chain provides a great opportunity for potential homeowners to invest in their future.
The median home cost in New Grand Chain is $58,500. Home appreciation the last 10 years has been 35.3%. Home Appreciation in New Grand Chain is up 14.3%.
Average Age of Homes
- The median age of New Grand Chain real estate is 78 years old
The Rental Market in New Grand Chain
- Renters make up 22.1% of the New Grand Chain population
- 0.0% of houses and apartments in New Grand Chain, 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.