Housing in Patoka, IL is much more affordable than the US median value, which is currently $338,100. On top of that, the 1 year appreciation rate for housing in Patoka is 18.28%, which is much greater than the 8.27% national average. This means that homeowners in Patoka are seeing great returns on their investment and may be able to earn a good profit if they decide to sell their home. All these factors make Patoka an attractive place to buy or invest in real estate.
The median home cost in Patoka is $71,300. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Patoka is up 11.3%.
Average Age of Homes
- The median age of Patoka real estate is 50 years old
The Rental Market in Patoka
- Renters make up 14.3% of the Patoka population
- 0.0% of houses and apartments in Patoka, 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.