The housing market in Ringwood, IL is quite strong. The median value of a home in the area is $373,000, which is slightly higher than the US median of $338,100. Additionally, house prices have appreciated 8.83% over the last year, which is slightly higher than the US national average of 8.27%. This indicates that Ringwood is a desirable place to live with an attractive potential for investment.
The median home cost in Ringwood is $373,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Ringwood is up 14.5%.
Average Age of Homes
- The median age of Ringwood real estate is 32 years old
The Rental Market in Ringwood
- Renters make up 12.5% of the Ringwood population
- 0.0% of houses and apartments in Ringwood, 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.