Ridge Farm, IL is a great place to live for those looking for affordable housing. The median value of all homes in Ridge Farm is $72,000, which is much lower than the median value of homes across the US at $338,100. Furthermore, over the last year homes in Ridge Farm have appreciated by 8.72%, which is slightly higher than the US average of 8.27%. Therefore, people looking for an affordable place to live along with a good return on their investment should consider Ridge Farm as a top option.
The median home cost in Ridge Farm is $72,000. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Ridge Farm is up 14.5%.
Average Age of Homes
- The median age of Ridge Farm real estate is 74 years old
The Rental Market in Ridge Farm
- Renters make up 20.6% of the Ridge Farm population
- 1.2% of houses and apartments in Ridge Farm, 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.