The housing market in Pearl, IL is relatively affordable compared to the US average, with a median value of $65,300. Despite this lower price point, the area has experienced strong appreciation over the past year of 7.86%, slightly below the national average of 8.27%. As such, it can be concluded that Pearl is a good place to invest in real estate and has a stable market for potential buyers.
The median home cost in Pearl is $65,300. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Pearl is up 14.9%.
Average Age of Homes
- The median age of Pearl real estate is 78 years old
The Rental Market in Pearl
- Renters make up 13.8% of the Pearl population
- 0.0% of houses and apartments in Pearl, 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.