Parkersburg, IL is a highly affordable area in terms of housing. The median value of a house in Parkersburg is $68,200, which is significantly lower than the US median, which stands at $338,100. Despite this, there has been a positive appreciation rate of 7.94% over the past year in Parkersburg - slightly lower than the 8.27% national average - indicating that the housing market is still very strong here. This makes it an ideal location for those looking for a home in a cost-effective area, with good prospects for increasing value down the line.
The median home cost in Parkersburg is $68,200. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Parkersburg is up 9.4%.
Average Age of Homes
- The median age of Parkersburg real estate is 39 years old
The Rental Market in Parkersburg
- Renters make up 3.1% of the Parkersburg population
- 0.0% of houses and apartments in Parkersburg, 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.