Otterville, IL is a small town located in central Illinois. The housing median value in the town is $67,700, which is significantly lower than the US house median value of $338,100. Although the US has seen an 8.27% increase in house appreciation over the past year, Otterville, IL has experienced a 7.96% increase in house appreciation. Despite being slightly below national averages, this still indicates that Otterville has had a positive appreciation rate for its housing market.
The median home cost in Otterville is $67,700. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Otterville is up 10.0%.
Average Age of Homes
- The median age of Otterville real estate is 43 years old
The Rental Market in Otterville
- Renters make up 20.6% of the Otterville population
- 0.0% of houses and apartments in Otterville, 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.