Raritan, IL has a median value of housing that is significantly lower than the US median value. Nevertheless, it has seen an appreciation rate in housing of 7.76% over the past year, which is slightly lower than the US median appreciation rate of 8.27%. This shows that Raritan continues to experience growth in its housing market despite the lower median value.
The median home cost in Raritan is $83,600. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Raritan is up 8.9%.
Average Age of Homes
- The median age of Raritan real estate is 78 years old
The Rental Market in Raritan
- Renters make up 14.0% of the Raritan population
- 0.0% of houses and apartments in Raritan, 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.