The housing market in Oneida, IL is fairly balanced compared to the US overall. The median value of the homes in Oneida, IL is about 32% of the median value of homes across the United States. The appreciation rate of homes in Oneida, IL is slightly lower than the national average at 7.76%. However, it still represents a healthy appreciation rate for homeowners over the course of one year. With a median home value that is below the national average and increasing home values due to an appreciating market, Oneida, IL could be an attractive option for prospective home buyers.
The median home cost in Oneida is $108,400. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Oneida is up 8.9%.
Average Age of Homes
- The median age of Oneida real estate is 52 years old
The Rental Market in Oneida
- Renters make up 19.7% of the Oneida population
- 1.8% of houses and apartments in Oneida, 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.