The housing market in Oconee, IL has an attractive median value of $103,200 when compared to the US house median value of $338,100. The US 1 year house appreciation stands at 8.27%, while the 1 year appreciation in Oconee is even higher at 10.25%. This indicates that the market for housing in Oconee, IL is healthy and appreciating steadily. It may be a good time to invest in property in this area as it could potentially yield a good return on investment down the line.
The median home cost in Oconee is $103,200. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Oconee is up 11.6%.
Average Age of Homes
- The median age of Oconee real estate is 44 years old
The Rental Market in Oconee
- Renters make up 20.5% of the Oconee population
- 0.0% of houses and apartments in Oconee, 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.