Ruma, IL is a great place to invest in housing. With a median value of $129,500, it is significantly lower than the US House median value of $338,100. Furthermore, the one year house appreciation rate in Ruma is 10.25%, which is higher than the US average of 8.27%. These factors make Ruma an attractive market for investors looking to maximize their return on investment.
The median home cost in Ruma is $129,500. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Ruma is up 12.4%.
Average Age of Homes
- The median age of Ruma real estate is 37 years old
The Rental Market in Ruma
- Renters make up 9.3% of the Ruma population
- 0.0% of houses and apartments in Ruma, 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.