The housing market in Pierron, IL has seen strong appreciation over the past year with the median value increasing by 10.25%. This is significantly higher than the national average of 8.27% and even more impressive when considering that the median house value in Pierron is substantially lower than the US average at $93,800 compared to $338,100 respectively. This makes Pierron an attractive destination for those looking to invest in real estate as it offers much more affordable options while still providing a healthy return on investment.
The median home cost in Pierron is $93,800. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Pierron is up 12.4%.
Average Age of Homes
- The median age of Pierron real estate is 42 years old
The Rental Market in Pierron
- Renters make up 23.6% of the Pierron population
- 0.0% of houses and apartments in Pierron, 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.