The city of Raymond, IL boasts a housing median value of $129,500, which is significantly lower than the national median value of $338,100. However, the 1 year house appreciation rate for Raymond is higher than the national average at 10.25%, compared to 8.27%. This indicates that over the past year there has been a steady price increase in housing in Raymond and that it is an attractive location to invest in real estate.
The median home cost in Raymond is $129,500. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Raymond is up 11.6%.
Average Age of Homes
- The median age of Raymond real estate is 46 years old
The Rental Market in Raymond
- Renters make up 14.8% of the Raymond population
- 4.9% of houses and apartments in Raymond, 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.