Pittsfield, IL is a great place to purchase housing due to its affordable median value of $101,100. The median value in Pittsfield is significantly lower than the US median house value of $338,100 and the appreciation rate on homes in Pittsfield over the last year was 7.86%. This rate of appreciation is slightly lower than the US average appreciation rate of 8.27%, making this an attractive option for potential home buyers and investors seeking an inexpensive property with good returns.
The median home cost in Pittsfield is $101,100. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Pittsfield is up 14.9%.
Average Age of Homes
- The median age of Pittsfield real estate is 55 years old
The Rental Market in Pittsfield
- Renters make up 30.8% of the Pittsfield population
- 0.9% of houses and apartments in Pittsfield, 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.