The housing market in Odell, IL is strong and growing. The median value of a house in the area is $127,700, which is slightly lower than the median value of an American house at $338,100. Despite this difference, the 1 year house appreciation rate in Odell, IL is 9.35%, which is higher than the national average of 8.27%. This indicates that homes in Odell are increasing in value faster than homes across the country as a whole. With these numbers it follows that investing in real estate in Odell would be a wise decision and could be quite profitable over time.
The median home cost in Odell is $127,700. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Odell is up 13.7%.
Average Age of Homes
- The median age of Odell real estate is 66 years old
The Rental Market in Odell
- Renters make up 26.5% of the Odell population
- 0.0% of houses and apartments in Odell, 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.