Ridgway, IL is a small town with a median housing value of $71,500, which is significantly lower than the US median housing value of $338,100. Despite this disparity in values, the US and Ridgway both experienced similar 1-year house appreciation rates with the US increasing 8.27% and Ridgway increasing 8.05%. This indicates that despite its lower median value compared to the rest of the nation, Ridgway's real estate market is still strong and growing year-over-year.
The median home cost in Ridgway is $71,500. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Ridgway is up 14.3%.
Average Age of Homes
- The median age of Ridgway real estate is 51 years old
The Rental Market in Ridgway
- Renters make up 19.0% of the Ridgway population
- 0.0% of houses and apartments in Ridgway, 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.