Housing in Orion, IL is quite affordable compared to the US average. The median value of a house in Orion is $175,300, which is significantly lower than the national house median value of $338,100. In addition, house appreciation in Orion has been slightly lower with 1 year appreciation at 6.99%, compared to 8.27% nationally. This makes housing in Orion an attractive option for those looking for an affordable home without sacrificing too much on appreciation potential.
The median home cost in Orion is $175,300. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Orion is up 8.3%.
Average Age of Homes
- The median age of Orion real estate is 54 years old
The Rental Market in Orion
- Renters make up 14.4% of the Orion population
- 0.0% of houses and apartments in Orion, 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.