The housing market in Roanoke, IL is doing well compared to the national average. Median home values in the area are $127,100, substantially less than the US median of $338,100. In addition, over the past year homes have appreciated by an average of 7.36%, just slightly below the US average of 8.27%. This suggests that homeowners in Roanoke are enjoying a healthy and stable housing market.
The median home cost in Roanoke is $127,100. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Roanoke is up 7.3%.
Average Age of Homes
- The median age of Roanoke real estate is 55 years old
The Rental Market in Roanoke
- Renters make up 20.4% of the Roanoke population
- 0.0% of houses and apartments in Roanoke, 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.