The housing market in Pontoon Beach, IL has seen a steady increase in value over the past year with the median value reaching $151,300. This is lower than the U.S. median of $338,100, but still represents an impressive 8.27% growth over a one-year period according to US statistics. In Pontoon Beach specifically, house appreciation rates have come in slightly below the national average at 7.98%. This indicates that while the housing market is still growing at a healthy rate, it may not be experiencing the same level of growth as other areas in the US.
The median home cost in Pontoon Beach is $151,300. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Pontoon Beach is up 10.0%.
Average Age of Homes
- The median age of Pontoon Beach real estate is 35 years old
The Rental Market in Pontoon Beach
- Renters make up 26.9% of the Pontoon Beach population
- 2.5% of houses and apartments in Pontoon Beach, 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.