Ripley, IL has a median housing value of $57,600 which is considerably lower than the US median of $338,100. In the past year, the appreciation rate for homes in the US was 8.27%, while in Ripley it was slightly lower at 7.86%. Despite the lower home values and appreciation rate, Ripley still offers an affordable option for many homebuyers looking to get their foot in the door of homeownership.
The median home cost in Ripley is $57,600. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Ripley is up 14.9%.
Average Age of Homes
- The median age of Ripley real estate is 49 years old
The Rental Market in Ripley
- Renters make up 12.2% of the Ripley population
- 0.0% of houses and apartments in Ripley, 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.