Papineau, IL is a great place to live with a median housing value of $85,800. This amount is considerably lower than the US median house value of $338,100. Despite being lower than the national average, Papineau has experienced strong growth in its housing appreciation rate over the past year at 7.34%, which is slightly below the 8.27% national average. This makes Papineau an attractive option for those looking for a more affordable living situation that also offers good investment potential.
The median home cost in Papineau is $85,800. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Papineau is up 15.4%.
Average Age of Homes
- The median age of Papineau real estate is 69 years old
The Rental Market in Papineau
- Renters make up 20.0% of the Papineau population
- 0.0% of houses and apartments in Papineau, 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.