The housing market in Noble, IL is an attractive investment opportunity for many potential homeowners. The median value of a home in Noble, IL is $88,100 which is significantly lower than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate of 8.27% is higher than the 1 year House Appreciation rate of 18.28% in Noble, IL. This means that homes in Noble, IL are appreciating at a faster rate than average across the country. With an already low median house value and high appreciation rates, investing in a home in Noble, IL could be quite profitable.
The median home cost in Noble is $88,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Noble is up 11.3%.
Average Age of Homes
- The median age of Noble real estate is 59 years old
The Rental Market in Noble
- Renters make up 16.4% of the Noble population
- 1.9% of houses and apartments in Noble, 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.