Paloma, IL Housing

Paloma, IL boasts a median housing value of $118,500, which is significantly lower than the US median of $338,100. In the past year, Paloma's house appreciation rate has been 14.90%, compared to the national average of 8.27%. This higher rate of appreciation makes Paloma an attractive option for those looking for affordable housing with good potential for return on investment. The area offers a mix of traditional family homes, condos and townhouses in a range of sizes and styles. With its low cost and high appreciation rates, Paloma is quickly becoming one of the most desirable places to live in Illinois.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Paloma, Illinois	United States
	48.0	139,647,020.0
	59	42
	$118,500	$338,100
	14.9%	16.6%
	31.7%	57.0%
	45.4%	101.1%
	$16.57	$10.98
	$1,694	$2,690
	100.0%	57.4%
	0.0%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	79.2%	4.5%
	20.8%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	20.8%	13.6%
	0.0%	13.2%
	0.0%	14.8%
	20.8%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	41.7%	12.2%